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MEDIA RELEASE: COTA welcomes Retirement Incomes Review, which promises a holistic approach to create a fairer, better sustainable system

27 September 2019
COTA Australia has welcomed the announcement of an independent Retirement Incomes Review, which promises a thorough examination of the current policy framework in terms of the outcomes it produces for all retirees and the long-term sustainability of the system.

MEDIA RELEASE: Comprehensive approach needed to address housing stress as mortgage debt and housing stress jumps among older Australians

27 August 2019
Figures released today showing the growing level of mortgage debt and housing stress among older Australians shows its time for a concerted national focus on housing reform and retirement incomes, the leading consumer advocate for older Australians said today.

MEDIA RELEASE: COTA welcomes Government timeframe for legislating recommendations of banking Royal Commission

19 August 2019
COTA Australia has welcomed the Morrison Government’s commitment to implementing the recommendations of the Hayne Royal Commission on misconduct in the banking, superannuation and financial services industry. The Government will address all recommendations requiring legislation by the end of 2020.

MEDIA RELEASE: Welcome relief on pension deeming rates – Council on the Ageing will continue discussions with government on improving the process in future

15 July 2019
Australia’s peak body and leading advocate for older Australians, COTA Australia, said today’s announcement of a reduction in deeming rates used for the age pension income test will be welcome news for over 600,000 part-rate age pensioners.