Your what-to-do-if-I-die-first-or-I-get-dementia plan for your SMSF
Published 2 June 2021
Setting up an SMSF and running it is easy compared with planning what will happen with the SMSF if the ‘expert’ trustee/member dies or becomes legally incapacitated before the ‘inexpert’ trustee member.
Should we worry about financial advisers leaving in droves?
Published 2 June 2021
More than a decade of reform is driving financial advisers out of an industry know for its fat commissions and contempt for its customers. Do we worry or celebrate, or something in between?
Super withdrawal rates halved for another year
Published 2 June 2021
Superannuants all rejoice for the reduction in withdrawal rates reduction rules for another financial year.
Govt takes the slow boat to veiled aged care financial transparency
Published 26 May 2021
The aged care industry is addicted to operating under a veil of secrecy, viewing with suspicion initiatives to get important consumer information out into the open. The problem is the Government seems to agree with the industry as the Government’s response to Royal Commission recommendations seem to indicate. [more]
Domestic tourism boom adds fuel to housing-unaffordability fire
Published 26 May 2021
Caravan parks morph into residential parks into manufactured home estates into land lease communities. Gentrification is increasingly pushing out low-income older Australians.
Update your will!
Published 26 May 2021
Where there’s a will, there’s not always a will fit-for-purpose.
Housing accessibility standards set to improve
Published 19 May 2021
Minimum accessibility standards have been agreed to by federal, state and territory building ministers. If enforced by state governments this will mean all new houses will have to meet seven minimum accessibility standards.
Loyal Telstra customers taken advantage of
Published 19 May 2021
Loyalty to brands seems to mean very little in this day and age. As consumer advocate CHOICE found, older Telstra customers showed great levels of loyalty to Telstra but instead of rewarding this behaviour, Telstra was found to be overselling to older people. [more]
Federal opposition supports social housing increase
Published 19 May 2021
The Federal opposition's reply to the Government's budget included the establishment of a $10 billion social housing fund that would be used to build tens of thousands of social housing properties.
CPSA responds to Budget 2021: new aged care funding disappoints plus a few green shoots
Published 12 May 2021
CPSA's response to important announcements made as part of Budget 2021 regarding older people.
Budget 2021: How much would it really cost to get rid of the home care waiting list?
Published 12 May 2021
Usually, aged care announcements of tens of thousand of new Home Care Packages are full of smoke and mirror, and Budget 2021 is no different.
Bureaucratic imagination soars in Budget 2021: home care packages
Published 12 May 2021
The imagination of bureaucrats can make for great announcements but it doesn't address current issues with the Home Care Packages waiting list.
Budget 2021: Work test for super abolished!
Published 12 May 2021
Inheritances, lottery and lotto winnings and other financial windfalls can now be put into super even if you’re over 65 and not working with abolition of the work test from 1July 2022 if legislation passes in time.
Budget 2021: Pension Loans Scheme widened
Published 12 May 2021
The Pension Loans Scheme will be offering lump sum loans against your home, but borrower beware!
Budget 2021: Another affordable housing non-solution
Published 12 May 2021
Don't expect housing affordability to improve any time soon as the Budget announces more demand-driven schemes without attempting to increase housing supply.
Does Your-Future-Your-Super have a future?
Published 5 May 2021
What could be wrong with everyone having only one super account in a high-performing fund bound to act in its members’ best financial interests? Plenty, it seems.
Grave matters taken too lightly by NSW funeral regulators
Published 5 May 2021
A review of the NSW funeral industry accepts too lightly the status quo of industry regulation.
Australians avoid planning for death
Published 5 May 2021
Having a plan in place for your death won’t just give you peace of mind but it may be helpful for your mourners’ grieving process.
Australia needs superannuation pension products
Published 28 April 2021
As the minimum compulsory superannuation rate debate continues, many retirees are still unsure about how to responsibly use their super savings. Superannuation pension products offer a solution.
Digital device use up among older Australians
Published 28 April 2021
In the midst of a global pandemic, data shows that more older Australians have been getting online and using digital devices.
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