Retirement Incomes

Highlights

The role of home equity release in maintaining home ownership

The Retirement Income Review highlighted the significant role that home equity could play in helping to fund the retirement of senior Australians.  The potential use of home equity to extinguish debt was also recognised, which is important for increasing numbers of senior Australians who retire from the workforce still in debt.  In the shorter term, home equity release could play a role in enabling people who have been adversely affected by COVID-19 economic impacts to stay in their homes.