Australian Retirees Look to Leverage Retirement Capital To Generate Reliable Monthly Income - TermPlus June 2026 Two-Year Fixed-Term Account Delivers 8.00%* Per Annum

Sydney, Australia, June 18, 2026 (GLOBE NEWSWIRE) -- Australia's retiree population continues to grow. Around 4.4 million Australians are now aged 65 and over. That's about 17% of the population, according to Australian Bureau of Statistics demographic data. The latest Australian Treasury Intergenerational Report projects that share will keep rising through 2063. The shift creates a structural challenge. More Australians are entering the drawdown phase of their financial lives. The priority move