Retirement
‘Accountability has been found wanting’
In addition to averted eyes and blocked ears, elder abuse has continued to proliferate due to failures of accountability, Australia’s Aged Care Minister has said.
‘Accountability has been found wanting’
In addition to averted eyes and blocked ears, elder abuse has continued to proliferate due to failures of accountability, Australia’s Aged Care Minister has said.
Ken Wyatt delivered this indictment at the fifth National Elder Abuse Conference in Sydney yesterday. In his opening speech, he said elder abuse most commonly occurs in situations where there is an imbalance of power, which makes it “even more contemptible”.
“It’s fair to say that appalling acts of abuse have been tolerated or gone unseen in the past, to a greater or lesser extent. Eyes have been averted, ears have been blocked. In many cases, accountability has been found wanting,” he continued.
Noting that between 2 and 10 per cent of Australia’s senior population has experienced elder abuse, he said diverging definitions on what constitutes elder abuse and under-reporting pose challenges for data collection.
Additionally, the abuse frequently occurs in families and as such is family violence, which is also under-reported.

“It’s believed that neglect of our elders may occur at even higher rates than other, more overt, forms of abuse,” Mr Wyatt said.
“If a parent neglects a child, they can be charged, because they have failed to fulfil their fiducial duty and parental responsibility.
“But what about the case of an aged person in a similar situation – for instance, suffering dehydration, malnutrition, emotional trauma or other forms of neglect?”
He questioned whether there should be appropriate avenues for redress against perpetrators of actions that are more subtle than theft or physical abuse but which are still abuse.
Pointing to the systemic abuse at the Oakden Older Persons Mental Health Service, revealed last April, Mr Wyatt said the neglect, overmedication and physical restraints that took place both shocked and concerned him.
The ensuing Carnell-Paterson review argued that Australia’s retirement sector was complex but governed by reasonable regulations and safeguards.
Nevertheless, the review noted that complaints of abuse at Oakden had been aired since 2007.
“That is when it first failed to meet certain Commonwealth aged care standards – but it continued receiving accreditation,” Mr Wyatt said.
The Turnbull government is currently considering the 10 recommendations made in this review, Mr Wyatt said.
“The Carnell-Paterson report also recommended a new Serious Incident Response Scheme, and a limit on the use of restrictive practices in residential aged care,” he said.
“The recommendations represent significant changes to aged care regulation, and our full response will be announced in the context of this year’s budget.”
The Financial Ombudsman Service (FOS) launched its guide on elder abuse in October.
Lead ombudsman Philip Field said FOS was seeing more instances of financial elder abuse as Australia’s population ages and called on banks and other financial institutions to step up to help prevent it.
“This abuse can involve the misuse of, or theft from, a bank account or other financial services product,” he explained.
Chief ombudsman Shane Tregillis added that banks should have safeguards and monitoring points to prevent and detect elder abuse.
“The financial service provider should consider whether a customer may be under the undue influence of another party, particularly where the customer is elderly or vulnerable and is conducting an unusual transaction in the presence of another person,” he said.
Retirement Planning
Retirement happiness on the rise, but cost-of-living worries cloud confidence
Australians aged 60 and over are generally positive about their retirement, but concerns about the rising cost of living continue to impact their lifestyle and financial security, according to the ...Read more
Retirement Planning
Australia's retirement system nears tipping point as withdrawals surpass contributions
State Street has unveiled a significant new research series, "Reimagining Retirement," which highlights a critical juncture for Australia's retirement system. The study, released on 1 April 2026, ...Read more
Retirement Planning
Online wills initiative aims to boost superannuation and retirement engagement
In a bid to increase engagement with superannuation and retirement planning, Aware Super has expanded its online wills service, following a successful pilot program. The initiative, launched in ...Read more
Retirement Planning
New digital platform revolutionises retirement planning for Aware Super members
A groundbreaking digital platform by Aware Super is transforming the way retirees plan and manage their pensions, with significant results already seen in the pilot phase. The tool, named Retirement ...Read more
Retirement Planning
The retirement mortgage squeeze: how one bank turned a demographic risk into a strategic edge
An increasing share of Australians are entering their 60s still paying off mortgages, just as living costs and interest charges stay stubbornly high. For banks, super funds, retailers and ...Read more
Retirement Planning
The retirement mortgage crunch: what it means for banks, retailers and policy in Australia
A growing share of Australians are carrying mortgages into their 60s and beyond, colliding with persistent cost-of-living pressures and a “slow grind” macro outlook. This isn’t just a social story; it ...Read more
Retirement Planning
Majority of Australians still unsure about their retirement prospects
A recent survey conducted by MFS Investment Management® has shed light on the ongoing uncertainty faced by many Australians regarding their retirement plans. Despite a slight increase in confidence ...Read more
Retirement Planning
Wage growth steadies as businesses navigate economic challenges
In a sign that the Australian labour market may be finding equilibrium, wage growth has stabilised this quarter, according to Employment Hero's latest data. This development comes as employers ...Read more
Retirement Planning
Retirement happiness on the rise, but cost-of-living worries cloud confidence
Australians aged 60 and over are generally positive about their retirement, but concerns about the rising cost of living continue to impact their lifestyle and financial security, according to the ...Read more
Retirement Planning
Australia's retirement system nears tipping point as withdrawals surpass contributions
State Street has unveiled a significant new research series, "Reimagining Retirement," which highlights a critical juncture for Australia's retirement system. The study, released on 1 April 2026, ...Read more
Retirement Planning
Online wills initiative aims to boost superannuation and retirement engagement
In a bid to increase engagement with superannuation and retirement planning, Aware Super has expanded its online wills service, following a successful pilot program. The initiative, launched in ...Read more
Retirement Planning
New digital platform revolutionises retirement planning for Aware Super members
A groundbreaking digital platform by Aware Super is transforming the way retirees plan and manage their pensions, with significant results already seen in the pilot phase. The tool, named Retirement ...Read more
Retirement Planning
The retirement mortgage squeeze: how one bank turned a demographic risk into a strategic edge
An increasing share of Australians are entering their 60s still paying off mortgages, just as living costs and interest charges stay stubbornly high. For banks, super funds, retailers and ...Read more
Retirement Planning
The retirement mortgage crunch: what it means for banks, retailers and policy in Australia
A growing share of Australians are carrying mortgages into their 60s and beyond, colliding with persistent cost-of-living pressures and a “slow grind” macro outlook. This isn’t just a social story; it ...Read more
Retirement Planning
Majority of Australians still unsure about their retirement prospects
A recent survey conducted by MFS Investment Management® has shed light on the ongoing uncertainty faced by many Australians regarding their retirement plans. Despite a slight increase in confidence ...Read more
Retirement Planning
Wage growth steadies as businesses navigate economic challenges
In a sign that the Australian labour market may be finding equilibrium, wage growth has stabilised this quarter, according to Employment Hero's latest data. This development comes as employers ...Read more
