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.
The issues identified in this submission impact many older Australians and the measures outlined here to address these issues have the potential to improve the lives of a large and growing proportion of Australians.
COTA Australia welcomes the opportunity to provide this Pre-Budget submission of measures that we urge the Australian Government to implement as part of the 2020/21 Federal Budget.