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Soaring number of older home owners take out government-backed reverse mortgages

The number of older Australians who have signed up to Centrelink’s Home Equity Access Scheme has increased eightfold since the program was expanded three years ago.

Earlwood
New-south-wales
Australia
Australians
Australian
Steve-mickenbecker
Deb-shroot
Pn-bank
National-debt-helpline
Australian-prudential-regulation-authority
Commonwealth-bank
Gc-mutual-bank

Soaring number of older home owners take out government-backed reverse mortgages

The number of older Australians who have signed up to Centrelink’s Home Equity Access Scheme has increased eightfold since the program was expanded three years ago.

Earlwood
New-south-wales
Australia
Australians
Australian
Steve-mickenbecker
Deb-shroot
Pn-bank
National-debt-helpline
Australian-prudential-regulation-authority
Commonwealth-bank
Gc-mutual-bank

Are there any fixed home loan rates that start with a 1?

Banks have been anticipating an eventual move by the RBA for a long time now. As a result, most of the fixed rates below 2% p.a. that borrowers once had access to have now disappeared.

Australia
Unity-bank
Gc-mutual-bank
Reserve-bank
Mortgage
Home-loan
Fixed-rates
Nba

MoneyMe completes SocietyOne acquisition, reveals management shuffle

MoneyMe has finalised its purchase of online lender SocietyOne, with its greater scale and new link to Westpac expected to be a “massive” competitive advantage.

Neal-hawkins
Sarah-simpkins
Clayton-howes
Jonathan-wu
David-taylor
Jonathan-chan
Simon-willoughby
James-diago
Mark-jones
Richard-williams
Sudhir-bakre
Westpac

2022 NSW and Queensland floods: What support is available?

We’ve put together a list of financial assistance packages available to Australians who have been impacted by the recent severe weather events, along with various support measures rolled out by banks.

Southern-cross
Victoria
Australia
Lismore
Australians
Tom-godfrey
Niko-iliakis
Southern-cross-university
Westpac
Gc-mutual-bank
Customer-owned-bank-essential-banking-support-services
Insurance-council-of-australia

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