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Australian Government has a Life Loan Scheme

  • Thread starter Brendan Burgess
  • Start date 9 Aug 2022

Brendan Burgess

Founder
Messages
55,408
  • 9 Aug 2022
  • #1
https://www.servicesaustralia.gov.au/home-equity-access-scheme

This was introduced a few years ago and any senior with a property in Australia can either draw down a monthly income or get a lump-sum.

Interest rate is 3.95%

Brendan
 
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