Mortgage debt for older Australians has blown out to more than $185,000 from $27,000.
Several property investors have made the alarming claim that the average Australian needs to own three properties in order to retire “comfortably”.
As reaction comes through about last night's budget, the industry is "disappointed" to see no mention of housing issues.
Recent publicity about the possible adverse impact on pension entitlements of downsizing the family home has drawn attention to the problems that the age pensio…
Would-be retirees want to remain in their local area and have access to public transport, health services and their usual shops instead of moving closer to the …
Changes to the superannuation rules could prompt retirees who have been widowed to purchase property in an effort to keep their savings in a tax-free vehicle.
New changes to the age pension test will see the level of government support fall for middle-income earners, while high-income earners will benefit most.
The cost of living is at near record lows for pensioners, working families and self-funded retirees in a sign the Reserve Bank can cut interest rates further.
A growing number of people are investing in property for long-term capital growth and rental income in their retirement years.