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.

Submission to ASIC’s inquiry into unsolicited telephone sales of direct life insurance and consumer credit insurance

31 August 2019, COTA Submissions
COTA Australia writes in response to the consultation on CP317 – unsolicited telephone sales of direct life insurance and consumer credit insurance. We welcome this important interim measure as part of broader law reform by the Australian Government.

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: COTA calls on all parties and independents to ratify in the House of Representatives the Bill to strengthen the superannuation system by consolidating inactive super accounts, banning exit fees and reducing fees on low balance accounts

15 February 2019
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)