News

COTA Australia welcomes the Turnbull Government’s commitment today to introduce a “default price” for energy in order to provide a consistent and transparent mechanism for discounting.

COTA Australia is calling on the Federal Government to adopt a number of the recommendations outlined in the Australian Competition and Consumer Commission (ACCC) Retail Electricity Pricing Inquiry Report.

Policy makers, politicians, industry bodies and service providers are congregating at the National Press Club in Canberra today for the COTA National Policy Forum.

The 2018 COTA National Policy Forum will focus on the unique challenges and opportunities facing older consumers, as well as exploring trends in the bourgeoning silver economy.

Increasing powers and funding for the financial regulator ASIC is a welcome step, providing some security to millions of older people who are too often the victims of poor conduct in the banking and finance sectors.

COTA Australia, the peak body for older Australians, today welcomed stronger consumer protections as a result of the Federal Government's long awaited response to the Financial Systems Inquiry's Final Report, but called again for more action to improve the retirement incomes system.