Household Capital to acquire reverse mortgage portfolio

Household Capital, a leading Australian provider of home equity retirement funding, has signed an agreement to acquire a reverse mortgage loan portfolio from Macquarie Bank Limited ("Macquarie"). Completion is expected to occur in July 2026, subject to customary conditions. The portfolio will be funded through Household Capital's existing scalable funding programs.

On completion, customers will transition to Household Capital's specialist platform and will gain ongoing access to a dedicated retirement funding provider, including a bespoke digital lending platform, specialised in-house customer service team, and access to additional home equity where appropriate.

All other Macquarie products and services held by these customers will remain unaffected by the transaction.

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Josh Funder | Household Capital | Josh.funder@householdcapital.com | +61 (0)408 775 566