by Andrea Alvarez | Jun 17, 2022 | Blog, Costs & Payments, Finances
What is a reverse mortgage? A reverse mortgage is just like a regular home loan, however it has been designed especially for the needs of seniors. It allows Australians aged 60 and over to release some of the equity in their home to live a better retirement. No...
by Andrea Alvarez | Jun 17, 2022 | Blog, Finances
Part 1: Changes to Residential Aged Care FundingThe Australian government has made significant changes to the way aged care is funded beginning July 1, 2014. In this three-part series, we explain the changes and how they may affect you and your loved ones. This first...
by Andrea Alvarez | Jun 17, 2022 | Blog, Finances
Part 2: Explaining the Calculations Related to Residential Aged Care FundingIn part one of this series, we looked at an overview of the three major changes to residential care funding that will take effect July 1, 2014. We discussed the choice that new residents will...
by Andrea Alvarez | Jun 17, 2022 | Blog, Costs & Payments, Finances, Government Policy
Part 3: Changes to In-Home Care Funding The Australian government has made significant changes to the way they will fund aged care beginning July 1, 2014. In this three-part series, we explain the changes and how they may affect you and your loved ones. The first...