Is it time for a radical rethink of how we fund retirement in Australia? 

Currently, Australia’s pension system excludes the family home from asset testing—meaning a retiree living in a multi-million dollar mansion can claim the same support as a renter with nothing. But a bold new proposal from the Policy Institute Australia is making waves, suggesting a "HECS-style" scheme could save the taxpayer $21 billion a year.

We’re joined by Policy Institute Australia CEO Amy Auster to discuss the controversial Home Truths report. We’re breaking down the "Retirement Contribution Scheme" (ReCS): a HECS-style, interest-free loan that would allow retirees to draw down on their home equity for cash flow, to be repaid only when the home is sold.

Is it time for a radical rethink of how we fund retirement in Australia?&nbsp;
Currently, Australia&rsquo;s pension system excludes the family home from asset testing&mdash;meaning a retiree living in a multi-million dollar mansion can claim the same support as a renter with nothing. But a bold new proposal from the Policy Institute Australia is making waves, suggesting a "HECS-style" scheme could save the taxpayer $21 billion a year.
We&rsquo;re joined by Policy Institute Australia CEO Amy Auster to discuss the controversial Home Truths report. We&rsquo;re breaking down the "Retirement Contribution Scheme" (ReCS): a HECS-style, interest-free loan that would allow retirees to draw down on their home equity for cash flow, to be repaid only when the home is sold.

Join Brent Bultitude every weekend for lively chats with industry insiders and special guests! Covering the latest trends and exciting topics, it's your go-to for fresh insights and fun conversations.

Tune in for your weekend fix of thought-provoking conversation!

Join&nbsp;Brent Bultitude&nbsp;every weekend for lively chats with industry insiders and special guests! Covering the latest trends and exciting topics, it's your go-to for fresh insights and fun conversations.
Tune in for your weekend fix of thought-provoking conversation!

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Brent’s Business background and personality are fundamental to asking the right people the right questions with interviews, the latest news, quizzes, music and your calls on 13 12 69.

Plus Brent interviews many more people that are going to tell us what’s going from stories in the news to the things you care about.

Brent&rsquo;s Business background and personality are fundamental to asking the right people the right questions with interviews, the latest news, quizzes, music and your calls on 13 12 69. Plus Brent interviews many more people that are going to tell us what&rsquo;s going from stories in the news to the things you care about.