20 Mar, 2019

Reverse mortgages in Australia: demand rises as major players exit - Household Capital


Australian financial institution Household Capital has made calls previously for the government to make reforms to its retirement programs. Household also recently announced its own home equity product for retirement funding or income enhancement.

Funding retirement and care needs would be far easier for retirees to accomplish if equity was more easily accessible, said Joshua Funder in his capacity as Household Capital’s CEO. “Most people could easily fund their own in-home care if they had access to equity.

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