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The Federal Parliament must reject proposed private health insurance rebate changes or risk putting even greater pressure on millions of pensioners and Australia’s already stretched public health system, COTA Australia says.
New modelling showing almost half of the $3 billion cut to the private health insurance rebate will come directly from pensioners should prompt an urgent rethink of the Federal Government’s plans, COTA Australia says.
Axing the higher private health insurance rebate for older Australians risks hitting 1.2 million pensioners with higher costs and putting even greater pressure on already stretched public hospitals, COTA Australia says.
The increase to Age Pension payments from 20 September will provide welcome relief for millions of older Australians struggling with continued cost-of-living pressures, COTA Australia says.
Having super paid at the same time as wages will help ensure more Australians can have a dignified retirement, COTA Australia says.
COTA Australia supports strengthening and expanding the superannuation performance test to improve transparency, accountability and consumer outcomes, particularly for older Australians and retirees.
A new SMC report, Unfinished Business: Fixing Gaps in the Super Guarantee reveals Australia’s frontline carers are being made poorer in retirement because they miss out on super when caring intensively for loved ones, often for years.
COTA Australia has welcomed the latest increase to the Age Pension, saying it will provide some relief for older Australians facing ongoing cost-of-living pressures.
COTA Australia welcomes the release of the Federal Government’s Retirement Reporting Framework and Best Practice guidance, which recognises that retirement is not one-size-fits-all and that Australians move into and through retirement in different ways.
The Federal Government’s announcement today that around 2.5 million Age Pensioners will see an increase to their pension payments from 20 March, will come as important relief at a time of continued cost-of-living pressure, COTA Australia says.
COTA Australia has welcomed new scrutiny of the superannuation industry following the release of APRA and ASIC’s 2025 Retirement Income Covenant Pulse Check, which shows the gap widening between funds that are improving retirement outcomes and those that are falling behind.
The passage of the Federal Government’s payday super legislation through Parliament is a welcome move that will benefit the retirement incomes of older Australians, COTA Australia says. The new law …