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Surveys of senior Australians has clearly and consistently shown that most seniors would prefer to remain at home, rather than go into residential care – but how can we help older people achieve this?

One idea National Seniors has been advocating, is to create a version of the existing Pension Loans Scheme to allow older people to unlock the equity in their home to pay for additional home care – over and above  the government subsidies.

But is that enough, and could the government do more to help?

To read more go the to National Seniors website

https://nationalseniors.com.au/news/featured-news/how-can-we-boost-home-care-funding

Key Points of the article …

  • Older Australians overwhelmingly want to receive care at home
  • A ‘Home Care Loans Scheme’ would give access to equity in your home at a cost recovery interest rate
  • The government could kick-in additional funding for those accessing equity to boost funds for care at home