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Paying superannuation on Commonwealth Paid Parental Leave payments will make a significant difference to the retirement savings of older women, COTA Australia says.

The multipartisan Senate report, which was tabled late Wednesday, calls for a range of actions to support women during menopause and perimenopause, including a recommendation that research be conducted into the economic impacts of menopause on women’s workforce participation, income, superannuation,

The Federal Government’s announcement today that it will require super to be paid on payday, is a long-awaited reform that will make a significant difference to the retirement incomes of older Australians, COTA Australia says.

The long-awaited introduction of the Age Care Act means the focus can now turn to ensuring Australians get the opportunity to scrutinise the detail to ensure it delivers the rights and protections older Australians deserve, COTA Australia says.

COTA Australia is urging immediate action from Federal, State, and Territory governments to standardise Power of Attorney laws following a revealing report by the Age Discrimination Commissioner

The latest round of indexation starting 20 September, 2024 – including Age Pension, Carer Payment and Commonwealth Rental Assistance – is a welcome and necessary step towards alleviating cost-of-living pressures. but further action is needed to address financial pressures faced by older people