Support for a pension review is gaining support among pensioners, a powerful group of voters who are finding it increasingly hard to make ends meet. Here's what some of them had to say. (pve)
A Regional Banking Taskforce has been established to assess the impact of bank branch closures on regional communities. Read the article, then follow the link to shape CPSA's response to the recently released issues paper. (lme)
Financial advice is expensive and the people who give it to you are still conflicted working for investment platforms. Is the solution to forget about financial advisers altogether and replace them with a computer? (pve)
Aged care providers are once again swamping consultations, workshops and now the new National Aged Care Advisory Council, recommended by the Aged Care Royal Commission, with their representatives as if they hadn't been caught out big time by the Royal Commission and might want to pipe down a little for a while. (pve)
The pension gets indexed every six months, that much is certain. But how is less certain. There are three ways it can be done, two ways based on inflation and one on wages. The indexation mechanism using wages hasn't been used for over a decade. How come? (pve)
There are two types of home care, and the way people are supposed to pay personal contributions tends to be as clear as mud. (pve)
The latest meeting of Attorneys-General suggests that some of the current flaws of Powers of Attorney instruments may finally be addressed. (lme)
CPSA has persistently requested the federal Social Services Minister to clarify how she could claim the Cashless Welfare Card would not be rolled out to Age Pensioners while Age Pensioners were already on the Card. Finally, the Minister has responded. (pve)
It makes sense to have a single home care system instead of two, but it doesn't make sense to merge the good one into the bad one. This is the Government's plan though. (pve)
A public housing tenant approached CPSA with a horrifying first hand account of what it can be like living in NSW public housing. (lme)
Affected by age discrimination? Here's your chance to speak out on national television.
You don't hear much in the media these days about how hard it is to survive on just the pension, but this doesn't mean it has become easy. (pve)
Powers of attorney are often mentioned as a simple device allowing families to deal with mental incapacity of mainly older family members, but when things go wrong they go really wrong.
It sounds painful, but it's a case of no-pain-no-gain. Being stapled to a super fund if super bores you or scares you is a good thing, but it's wise to check if you're getting stapled to a decent fund. (pve)
No prizes for guessing the right answer. What does the Government want to do with the Cashless Welfare Card when it's obvious they will lose the support of so many Age Pensioners who fear it? Promising Age Pensioners they will never be on it seems no longer enough.
Consumer Directed Care is based on a beautiful theory but comes at the cost of long waiting lists and provider snouts in the admin fee trough. Applying common sense would be really refreshing. (pve)
It's great to get free tickets to the footy, but does that justify super funds sponsoring footy stadiums and clubs? APRA doesn't think so. Finally. (pve)
The inflation rate over twelve months to 30 September 2021 is 3 per cent. That's down from the previous quarter but the fact remains: inflation is up and if it stays up term deposit rates will go up as well. But will inflation stay up and will term deposit rates actually outstrip inflation if inflation does stay up? Questions economists can't answer. (pve)
The Australian Greens have proposed the creation of a ‘Federal Housing Trust’ that will construct one million homes through three types of targeted housing.
Superannuation funds have been getting away with skimming the take from compulsory employer contributions for decades, but pressure is finally being applied to start protecting consumers/workers a little bit. Fees are on the way down! (pve)