Our financial system is built on the assumption that housing costs are largely irrelevant for retirees, but that no longer applies.
New research has indicated that mortgage pain is being felt by an alarmingly high number of Australian retirees. Watch the video

James KirbyAssociate Editor - Wealth James Kirby, Associate Editor-Wealth, is one of Australia’s most experienced financial journalists. James hosts The Australian’s twice-weekly Money Puzzle podcast.He is a regular commentator on radio and television, the author of several business biographies and has served on the Walkley Awards Advisory BoardHe was a co-founder and managing editor at Business Spectator and Eureka Report and has previously worked at the Australian Financial Review and the South China Morning Post. Since January 2025 James is a director of Ecstra, the financial literacy foundation.
Housing pain is no longer the sole domain of young homebuyers.