COTA Australia welcomes the Genuine Redundancy and Early Retirement Scheme Payments legislation change, the need for which is obvious and unarguable, and indeed not to make it would be most unfair and inconsistent. The change does not, however, go far enough.
COTA Australia provided a brief response to the Department of Social Service's consultation on its Position Paper 'Means Test Rules for Lifetime Retirement Income Streams' released 16 January 2018 and revised 7 February 2018.