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Australia is ranked 17th on the Global AgeWatch Index 2015 which ranks 96 countries according to the social and economic wellbeing of older people. Australia is outranked by the Scandinavian countries, most of western Europe, Canada and New Zealand.
Older Australians will welcome confirmation that the Federal government has dropped unfair changes to pension indexation and given them more choice and control in how they receive aged care at home. Other budget measures will be received with less enthusiasm including changes to employment incentive
Confirmation today that the Federal government is dropping plans to change pension indexation will be of great relief to millions of Australian pensioners, says the peak body for older Australians, COTA Australia.
Leading seniors advocates COTA Australia said the fresh debate on superannuation, taxation, the seniors supplement and the age pension point to the need for a comprehensive review of Australia’s retirement income system.
Comments on the age pension made by Minister for Social Services, Scott Morrison, in an interview with Sky News Australian Agenda this morning, have been welcomed by Australia’s peak body for all older Australians.
The suggestion that reduced pension indexation be compensated for by an independent review of pensions every three years is an encouraging sign that the Federal government is finally prepared to negotiate on its unfair proposal to change pension indexation, said leading seniors advocate COTA Aust
The release of the Intergenerational Report today confirms the government’s continued intention to cut the age pension, highlights the need for more focus on combatting age discrimination and having a more dynamic workforce participation policy, and reaffirms the need for a comprehensive retirement
Inquiry into the Social Services Legislation Amendment (Budget Repair) Bill 2015
Pensioners across Australia are calling on their Senators to vote against proposed changes to the pension which will dramatically affect their standard of living, said leading seniors advocate COTA Australia today.
The release of another report today about how Australians can best manage the challenges of funding their retirement again reinforces the need for an urgent, coordinated comprehensive review of retirement policy, said leading seniors advocates COTA Australia.
The report from the Coalition majority in the Senate Committee looking into the impact of changes to the age pension (and other measures) announced in the May Budget has recommended pressing on with the changes, despite overwhelming evidence to the Committee that they are unfair and unnecessary.
Leading seniors advocate COTA Australia today launched a campaign against proposed changes to the age pension.