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That reverse mortgage scheme the government is about to re-announce, how does it work?

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That reverse mortgage scheme the government is about to re-announce, how does it work?Shutterstock

Many Australians have never heard of the Pension Loans Scheme, and many more assume it’s just for pensioners, which is understandable given its name.

That’s why the government is poised to rename it the Home Equity Access Scheme and make the interest rate it charges more reasonable, in the mid-year budget update on Thursday.

T...

Read more: That reverse mortgage scheme the government is about to re-announce, how does it work?

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Commercial Leasing Mistakes That Can Cost Your Business

Signing a commercial lease is a significant commitment, and the mistakes made at the outset of a tenancy can follow a business for the entire duration of the agreement. Many tenants enter lease negotiations without a full understanding of what... Read more

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