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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.

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.

Aged care, healthcare and pensions are the top three most important issues for the 7 million older Australians heading to the ballot box next Saturday, according to the results of a national survey released today by leading seniors advocate, COTA Australia.

The leading seniors’ advocacy body, COTA Australia, has today welcomed the passage of superannuation reforms by the Senate, which if passed by the House next week will mean the compulsory consolidation of inactive low balance superannuation accounts by the Australian Taxation Office (ATO)

Today’s Productivity Commission inquiry final report into Australia’s superannuation system must trigger a comprehensive and independent inquiry into our whole retirement incomes system at the earliest opportunity, the leading senior’s advocacy organisation, COTA Australia, said today.