Discovery Projects - Grant ID: DP0665513

Funding Activity

Website
http://dataportal.arc.gov.au/NCGP/API/grants/DP0665513

Funding Status
Closed

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Funded Activity Summary

Housing affordability: the use and misuse of reverse mortgages by older households. Many retirees are without compulsory superannuation although daily living costs have risen substantially. As additional workers in the 'baby boom' generation retire and less tax will be paid to the government, it appears there will be increasing pressure placed on the pension system. A large proportion of the population may struggle to enjoy a fulfilling retirement and be drawn towards a reverse mortgage, which in turn may be misunderstood. With an increasing proportion of older residents leaving the workforce, the community would be adversely affected if this cohort required government financial assistance due to the misuse of home equity loans.

Funded Activity Details

Start Date: 2006

End Date: 12-2010

Funding Scheme: Discovery Projects

Funding Amount: $82,000.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Demography | Population Trends And Policies | Family And Household Studies

ANZSRC Socio-Economic Objective (SEO)

Families | The aged | Social structure and health |

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