The growing importance of the Pension Loan Scheme
Federal Budget to include cash payments worth $500 for aged, family and disability welfare recipients. Source: Getty
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With a trillion dollars tied up in the real estate of retired Australians, the Pension Loan Scheme is likely to grow in importance. A fortnightly top-up on government pension payments allows people to unlock the equity in their homes. But, according to National Seniors Australia it could be made much more accessible.
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