While alterations in the 2021 Federal Budget result in the retirement Loans Scheme more appealing for senior homeowners, more can be achieved, compose UNSW Sydney professionals.
The 2021 Federal Budget includes three measures targeted at increasing the uptake associated with Pension Loans Scheme.
What’s the Pension Loans Scheme?
The Pension Loans Scheme permits senior Australians to have a loan through the federal federal government to augment their your retirement earnings.
The Pension Loans Scheme is present to complete and component age pensioners and self-funded retirees who possess home in Australia.