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In Focus: The changing needs of older borrowers

reporter 1 minute read

In this episode of In Focus, brought to you by La Trobe Financial, demographer and author Bernard Salt AM and La Trobe Financial’s chief lending officer, Cory Bannister, reveal the key trends influencing the borrowing decisions of older Australians, and the impact COVID-19 is having on this segment.

Brought to you by La Trobe Financial

 La Trobe Financial - Wikipedia

For the past 50 years, Australia’s population has been slowly ageing. Currently, the median age in Australia is around 37 years old, and there are a growing number of people coming out of the workplace and retiring.

But the average retiree now is very different to that of a generation ago, as Bernard and Cory outline in this video.

Tune in to find out:

  • What new trends are emerging due to COVID-19 in the types of properties being bought
  • How a reduced property supply is impacting finance options
  • How brokers can help support borrowers in securing the homes of their dreams with bridging finance

All this, plus much more!

Find out more about La Trobe Financial's bridging finance loan and keep an eye out for next week's episode of In Focus, partnered by La Trobe Financial, to find out how the solutions available for overseas and international borrowers.

In Focus: The changing needs of older borrowers
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