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A new 'debt-free equity release' option aimed at retirees launches

Lifetime Home releases its long-signaled alternative to a reverse equity mortgage, one that pays out an income fortnightly in return for giving up an equity share in the home

What happened Tuesday

A review of things you need to know before you sign off on Tuesday; new equity release option, FHBs take on more risk, DTI rules activated, hiring momentum slows, KiwiSaver shifts offshore, swap rates mixed, NZD firm, & more

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