News

ACCC takes hearing aid retailers to court

The April 2018 issue of THE VOICE featured a story on the hearing aid industry. This industry is heavily subsidised by the Australian Government through the Hearing Services Program.

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ASIC slams reverse mortgages

The Australian Securities and Investment Commission (ASIC) reviewed 17,000 actual reverse mortgages which older people had taken out on their homes.

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A catch when switching super funds

With all the talk recently about underperforming retail superannuation funds, you could be tempted to switch to a better performing fund. However, there can be a catch.

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Minimum wage for pensioners: new Social Security Commission

The Victorian independent Member of the federal Parliament Cathy McGowan has introduced a private member’s Bill to establish a social security commission.

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Energy supplement safe!

The Australian Government has decided to abandon plans to axe the Energy Supplement, which has been stalled in the Senate. The energy supplement is worth $365 a year to single pensioners and $550 a year to pensioner couples.

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Why the pension age must stay at 67

The Australian Government has ditched its plan to raise the age at which people become eligible for the Age Pension to 70. It held on to the plan for more than three years after announcing it as part of Budget 2015.

Read more: Why the pension age must stay at 67