News

A Letter To The Prime Minister

A Letter To The Prime Minister

Dear Mr Turnbull, I’m writing an open letter to congratulate you on your victory and present some issues which are relevant to older Australians and where we’d like to see action. The FiftyUp Club has just reached a milestone of 200,000 members around the country and as well as easing cost of living pressures for the group we also campaign for change which benefits them. As... read more>
ANAYLSIS PARALYSIS

ANAYLSIS PARALYSIS

  Here’s a story a lot of FiftyUps will relate to thanks to Esther Han, Consumer Affairs Editor with the Sydney Morning Herald who writes (in part) ... Australian shoppers have never been so spoilt for choice, but a new study shows the abundance of options has left many feeling "paralysed" and, later, full of regret. A survey of 1000 Australia... read more>
Now The Election Is Decided, It's Time To Look At Superannuation Again

Now The Election Is Decided, It's Time To Look At Superannuation Again

Prior to the election, you told us that proposed changes to Superannuation where of real concern. Many of our members weren't happy with any government touching their Super and felt that the "goalposts keep changing". Channel 9's 60 Minutes program looked at the issue (watch here) this week and today The Australian reports that the Prime Minister now needs to listen to vote... read more>
Millenials aren't the only ones who can have trouble getting a home loan..

Millenials aren't the only ones who can have trouble getting a home loan..

According to data by ING Direct, the number of over 65 year olds still holding a mortgage increased by 28 per cent in the past three years.  Of those who still have a mortgage in their retirement years, 74 per cent are owner-occupiers, while 26 per cent hold an investor loan. The research found that the average debt these older Australians are taking into their retirement i... read more>
JULY PRICE RISES MAKE ENERGY THE #1 COST OF LIVING ISSUE FOR OVER-50S

JULY PRICE RISES MAKE ENERGY THE #1 COST OF LIVING ISSUE FOR OVER-50S

      JULY PRICE RISES MAKE ENERGY THE #1 COST OF LIVING ISSUE FOR OVER-50S A national survey of over 1,800 over-50s has found that 42% of them consider the price of energy bills to be the number one cost-of-living issue they face. The poll represents a big turnaround from two months ago, when more than half named Private Health Insurance as their #1 concern. The surveys... read more>