A 7 November 2017 article in the Australian Financial Review (AFR) about changes being made to the CPI, which will have the effect of further reducing the CPI, was responded to by an ACPSRO letter to the AFR’s Editor on 9 November 2017.
That, in turn, appeared to trigger an article in the Canberra Times written by their Economics Editor, possibly at the behest of the Australian Bureau of Statistics. That has been responded to by ACPSRO’s 15 November 2017 letter to the Canberra Times’ Editor, drawing attention to the fact that the CPI is becoming increasingly irrelevant to people’s standard of living.
Click here to read the letters to the editors and Peter Martin’s article about the CPI.
Canberra 15 November 2017
As part of its push to demonstrate the inadequacy of the CPI to reflect real costs of living for all sectors of the community, ACPSRO wrote to the Minister for Finance on 12 September 2017, as the minister responsible for the Australian Bureau of Statistics, recommending that while capturing statistics that measure the CPI, ie including quality adjustments, the ABS should publish the raw retail prices from which those CPI figures are derived.
We received the Minister’s response on 23 October 2017.
Click here to go to ACPSRO’s page where you can read the correspondence.
26 October 2017
SCOA Australia has lodged submissions to a number of inquiries by the Senate Economics Legislation Committee into recently introduced superannuation legislation.
SCOA has also commented on an inquiry by the Senate Finance and Public Administration Reference Committee’s inquiry into digital delivery of government services.
Click here to read SCOA’s submissions.
Click here to for more information about the new Bills
Canberra 19 October 2017
SCOA Australia will hold its first Annual General Meeting (AGM) as one national organisation.
The AGM will be held in Canberra on Tuesday 26 September 2017 at 10.30 am at the Ainslie Football Club.
Click here to read the relevant documentation and see who has nominated for election to the new National Committee that will take the organisation forward for the next twelve months.
Please contact National Office on 02 6286 7977 if you have any questions about the upcoming Annual General Meeting.
6 September 2017
We have received the following helpful hints for claiming your SCOA Australia membership fees if you use MyGov/My Tax online platform to lodge your tax return.
The solution is to go to Section 3 (Personalised return) and tick the box for “other deductions” and then go to Section 4, “locate other deductions”, and enter SCOA and the relevant figure (depending on the type of your membership).
The Australian Tax Office’s Class Ruling 2003/76 contains more details of who can claim the membership fee and how much. Click here to read the Tax Class Ruling.
21 August 2017
On 10 August 2017, the Senate Standing Committee on Community Affairs released its report into the Social Services Legislation Amendment (Ending Carbon Tax Compensation) Bill 2017 (Provisions).
The Senate Committee decided to recommend that this Bill be passed, even though most of the submissions to the inquiry (including SCOA’s) had recommended otherwise.
Click here to read the Committee’s report
21 August 2017
Centrelink has published a Guide to Australian Government Payments valid from 1 July to 19 September 2017.
You can access the publication by clicking on this link.
The publication, as well as more details about any of the benefits avilable through Centrelink, go to www.humanservices.gov.au .
2 August 2017
Minister for Social Services, Christian Porter, has published the 2017 Age Pension Guide.
The Guide covers topics including:
- A comprehensive introduction to the age pension;
- Information regarding how overseas travel affects age pension payments;
- eligibility and how assets, investments and income testing may affect age pension payment
- Information regarding the pension age; and
- Benefits for carers.
You can download the publication by clicking here
Canberra, 10 July 2017
The June edition of the Commonwealth Superannuation Corporation’s Third Act, Freedom In Retirement, Newsletter is now available.
Click here to read the newsletter
Canberra, 10 July 2017.
SCOA Australia today lodged its submission to the Senate Standing Community Affairs Committee regarding the proposed removal of the energy supplement.
SCOA Australia is opposed to this legislation.
Click here to read the submission.
6 July 2017