COTA Australia provided brief comments to the Draft Rule Determination National Energy Retail Amendment (Advance Notice Of Price Changes) Rule 2018, Australian Energy Market Commission (AEMC), 5 June 2018.
The design and distribution obligations (DADOs) should help to achieve a cultural shift within financial firms away from simply ‘selling’ financial products towards designing and distributing suitable products that meet customer needs. This submission comments on the revised exposure draft.
COTA is putting forward recommendations for action in the 2012-2013 Budget across eight key areas: aged support and care, ageism and age discrimination, housing, reducing the digital divide, essential services, health and income support and workforce participation.
COTA supports the needs for a broad inquiry into the financial system as there is some evidence that the current arrangements are not adequate to deal with the increasing size and complexity of financial services in Australia. COTA often receives correspondence from older people.
COTA Australia, in collaboration with CHF, RANZCR, AMSIG and ADIA wrote to the Australian Government raising concerns with a recent recommendation to prevent people 50 years and over from accessing MRI’s on their knees unless recommended by a specialist.