Property

Retirement wealth gap widens as renting retirees struggle to keep up Record numbers of Australians are entering retirement as renters, exposing a growing divide between those who own their home and those who don’t — a gap that continues to widen as housing costs rise. For decades, retirement in Australia has been built around a

Five common property conflicts that cause family rifts and proactive strategies to prevent legal battles 🏠⚖️ In recent times, disputes over the “Bank of Mum and Dad” loans, complexities within blended families, impatience over children’s inheritances, and concerns about adult children living at home have become increasingly common legal battles. Apart from tearing families apart,

‘Bank of mum and dad’ boom – and the risks of being guarantor if house prices fall 🏘️💸 As house prices rose over 20% in 2021, the fastest lift in more than 30 years, a growing cohort or people aged in their 20s to 40s who make up today’s generation of aspiring property buyers feel

Increase your retirement financial security using your home The government has improved its home equity release scheme to attract more retirees needing extra funds. It is no coincidence that the government is increasing the attractiveness of its Pension Loans Scheme at the same time as increasing the number of home care packages. At some point,