Seniors - Consumers' Federation of Australia

10 January , 2019

Advocates call for changes to superannuation sector

People will be hundreds of thousands of dollars worse off in retirement if the Federal Government doesn’t act now to stop the superannuation sector eroding savings. Today the Productivity Commission has released its plan to reverse the outdated structure that has led to poor performing funds, multiple accounts and zombie insurance policies. Fixing these problems…

23 November , 2018

NSW Retirement Village Shake Up

Retirement village residents and their families will be better protected under new legislation that has passed Parliament. Minister for Better Regulation Matt Kean said the NSW Coalition implemented a number of reforms recommended by Kathryn Greiner AO, following her independent inquiry into the retirement village sector last year. “For too long, retirees and their families…

19 September , 2018

COTA welcomes Royal Commission into aged care but warns against delaying reforms

Peak older persons advocate, COTA Australia, today welcomed the Royal Commission into aged care for the spotlight it will throw on the challenges facing aged care over the next two decades, but warned it must not delay significant reforms now underway and in the wings to improve safety and quality standards for the 1.3 million…

12 July , 2018

Consumer advocates welcome ACCC Final Report on electricity market

Consumer advocates have welcomed the findings of the Australian Competition and Consumer Commission’s (ACCC) Retail Electricity Pricing Inquiry Final Report, released yesterday. Energy Consumers Australia Acting CEO Lynne Gallagher said the final report confirms what consumers have been saying: that the electricity market is not working as it should and not delivering good value for…

23 April , 2018

COTA welcomes Aged Care reforms

The Turnbull Government has announced significant reforms that aim to give senior Australians and their families confidence they will be properly cared for. A new national independent Aged Care Quality and Safety Commission will also be established to increase transparency through a publicly available rating against quality standards. The establishment of the Commission is in…

2 November , 2017

Standards, Ageing Societies and the Silver Economy

Recently Standards Australia and the Australian Government – Department of Industry, Innovation and Science presented at the APEC Sub-Committee on Standards and Conformance (SCSC) on the APEC Silver Economy Workshop and Recommendations Report APEC SCSC endorsed all four key recommendations: Recommendation One – APEC should accelerate and mainstream efforts in supporting ageing societies. Recommendation Two…