Australia is a prosperous country built on the contribution of older Australians. Our ageing population deserves to be treated with respect and dignity and assisted where needed by government and the wider community.
Examples of what needs to be done:
NXT does not support an increase in the pension age, but we do believe older Australians should be both encouraged and supported to be involved in the paid or community service workforce. For those who receive a pension, income tests should be relaxed further so that they can supplement their income without penalty. Community service volunteers should be automatically covered by a government funded insurance scheme.
Utility cost increases should be pegged to be no greater than the CPI. Any increases above the CPI should be rebated to those on a government pension, or self-funded retirees who have reached the eligible pension age.
Government policy should encourage and deliver where possible affordable, comfortable and well-maintained retirement and aged care accommodation. Developers and providers of retirement accommodation must meet all existing government requirements, as well as be required to provide transition accommodation options for residents who may require low or high care facilities in the future. These transition options should be on, or adjacent to, the existing retirement estate.