AusSchemes is not a government service. This information is general in nature and may not reflect the most recent eligibility rules or amounts. Always confirm details on the official source before applying.
Home Equity Access Scheme
A voluntary government loan scheme that lets older Australians use the equity in their home to boost their retirement income by receiving fortnightly loan payments.
Indicative amount
Up to 150% of maximum pension rate as a loan
Indicative amount only — confirm on the official page
What you get
A non-taxable loan of up to 150% of the maximum pension rate, secured against your home or real estate. Interest is charged at a low compound rate. Repayable when the property is sold.
Who it's for
Relevant life events: retirement
How to apply
1. Apply online through myGov or by calling Services Australia. 2. Provide property details for the security asset. 3. Obtain a valuation of your property.
Documents you may need
- Property ownership documents
- Current valuation of real estate
- Identity and residency documents
Informational only — confirm exact requirements on the official page.
You will be taken to www.servicesaustralia.gov.au
Last reviewed by AusSchemes: 20 April 2026