In the COVID-19 response Budget in October, we urge the Federal Government to prioritise the following areas:Pensions and Income Support
Future Retirement Income Policy
Aged Care Reform
Employment of older Australians
Housing
A whole-of-Government approach to an Ageing Australia
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.
A joint submission by 13 national organisations working with older people and carers, in response to the Australian Government's consultation raised in the A New Aged Care Act: the foundations, Consultation Paper No.1.