We need strong consumer protections in place – including price caps - to ensure that older people aren’t paying more than they should for their care and support. Older people and their families deserve to know there are strong protections in place so they’re not paying too much for the care they des
In December 2024 the Commonwealth Bank of Australia (CommBank) announced that their approximately 1 million ‘Complete Access’ customers would migrate to a ‘Smart Access’ account commencing 6 January 2025.
COTA Australia Acting Chief Executive Officer, Corey Irlam, said ensuring people can get trusted, quality, affordable advice on how to manage their superannuation in a way that delivers the best outcomes for them is crucial.
The passing of the Superannuation Objective Bill 2023 through parliament will help ensure Australians’ right to a dignified retirement is protected, COTA Australia says.
This is a summary of the changes achieved through the consultations on the Foundations for a new Aged Care Act (September 2023), the exposure draft (February 2024) and the new Aged Care Act introduced into Parliament.