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What does payday-loan backer do next? Eyes retirees

The Australian backers of payday lending ventures that attracted regulatory ire in two nations are contemplating a new business: helping retirees.

The venture, “Retire Ez”, is aimed at helping retirees access equity in their own homes through reverse mortgages.

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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au

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    Original URL: https://www.afr.com/companies/financial-services/what-does-payday-loan-backer-do-next-eyes-retirees-20210712-p588zd