Original article by Lucy Slade
The Australian Financial Review – Page: 25 & 26 : 14-Apr-26

Research by Loan Market Group has found that 40 per cent of respondents do not expect to have paid off their mortgage by the time they retire. Meanwhile, data from credit bureau Equifax shows that the number of enquiries from Australians aged 55+ about refinancing their mortgage rose by 12 per cent year-on-year in February, while there was eight per cent growth in enquiries from the 46-55 age group. Westpac in turn notes that people over the age of 40 accounted for about 20 per cent of mortgage loans issued to first-home buyers in 2025. Howard Osmond Financial Services MD Patricia Howard stresses that buying a home is essential to having a financially secure retirement.

CORPORATES
LOAN MARKET GROUP PTY LTD, EQUIFAX INCORPORATED, WESTPAC BANKING CORPORATION – ASX WBC, HOWARD OSMOND FINANCIAL SERVICES