Pension Boost
With Pension Boost, you can top up your retirement income using the Government’s Home Equity Access Scheme (HEAS). We handle the paperwork and ongoing reviews so you can enjoy more income without the stress of managing the process yourself.
Our Pension Boost service simplifies access to the federal government’s Home Equity Access Scheme (HEAS).
Household Capital + Pension Boost
We’re dedicated to helping Australians enjoy retirement with confidence and peace of mind. In 2020, we strengthened our commitment to financial inclusion for all Australian homeowners by acquiring Pension Boost. This allows us to provide a range of home equity solutions to safely and reliably unlock the wealth in your home. Our goal is simple: to ensure you have the right solutions to meet your retirement needs and feel secure in your financial future.
What is the Home Equity Access Scheme?
Available to Australian homeowners of Age Pension age (currently 67 plus), the Home Equity Access Scheme (HEAS) – formerly known as the Pension Loans Scheme – is a loan issued by the Australian government.
The HEAS allows you to draw on your home equity, much like a reverse mortgage. However, unlike a reverse mortgage, it’s not a credit product and does not come with the same consumer protections.
Available to pensioners and self-funded retirees, the HEAS provides an additional fortnightly income stream or a modest lump sum payment.
Pension Boost has helped more than 2000 Australians access over $330 million through the Home Equity Access Scheme.
Additional income
Receive up to 150% of the maximum Age Pension, less any pension received
Lump sum payment
A modest capped lump sum payment is available twice yearly
Lower than market rate
The interest rate is set by the government and is generally lower than market rates
Available all postcodes
HEAS is available to eligible Australians, wherever their home is located
How can Pension Boost help you?
As specialists in managing HEAS applications and ongoing reviews, our friendly Australian-based team members can explain how you can boost your Age Pension or other retirement funding using the Home Equity Access Scheme.
The team will guide you through the HEAS application process and remove barriers that may arise when dealing directly with Centrelink or the Department of Veterans Affairs (DVA). They will keep you informed throughout the process of applications or ongoing reviews.
Application service
Pension Boost is a simple, cost effective way to access HEAS. If your HEAS application is not approved by Centrelink/DVA, we offer a 100% money-back guarantee on our application service.
HEAS Application Service
- Normal Price – $660
- Pensioner's Price – $440 (save $220)
What’s included?
- Personalised HEAS Report
- HEAS Specialist consultation
- Preparing your HEAS application form
- Lodging your HEAS application
- Tracking progress of your HEAS application
- Responding to Centrelink/DVA queries
- Reviewing your HEAS approval
What’s not included?
- Certificates of Title: $10 – $50 (Per title)
- Postage and Handling: $40
HEAS variations and loan reviews
- The Pension Boost Service charges a $330 fee for any variation of the security used for the HEAS, including discharges, revaluations and transfer. Additional Australian Government charges may apply
- The Pension Boost Service charges a $110 fee for any variation of HEAS payments or assistance with annual loan reviews
Meet Sam Pierce
HEAS Specialist
Sam has more than 20 years’ experience in the financial services industry and has held senior roles focused on customer service, sales and research. He has a Post Graduate Diploma in Applied Finance & Investments, and a Bachelor of Economics.
“I believe we offer customers a valuable service. Being able to help older Australians live a more comfortable life in retirement by accessing the Government’s Home Equity Access Scheme is very rewarding for me.”
“Sam has been tremendous help throughout the process from beginning to end. Sam was quick to respond to any of my questions or concerns and reassuring me my application would be accepted. I am so grateful to Sam for acting on my behalf. I recommend Sam to anyone wishing to apply for a HEAS Application.”
— Carol Poland, 5-star Google Review, July 2025
Meet Helen Cracknell
HEAS Specialist
Helen has over 25 years’ experience in the financial services industry and has worked for the Commonwealth Bank of Australia and Telstra Financial Planning, and until recently was a Certified Financial Planner (CFP). She has a strong focus on customer service, is dependable and organised.
“My experience as a financial planner and ability to explain concepts using easy to understand language enables me to build understanding and trust, leading to customers using our valuable service to access the Government’s Home Equity Access Scheme (HEAS).
The conversations I have, and the many compliments I receive, makes the whole process of helping my customers enjoyable and satisfying.”
“Thank You very much Helen for all your kind assistance. What made it all the more remarkable was that we were 'Out There' somewhere in our caravan travelling when we decided to apply for HEAS - this made no difference to the service we were afforded Thank you again"
— Mike Thompson, 5-star Google Review, December 2025