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Lack of a gender equality target a missed opportunity

11 May 2023
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The Federal Budget 2023 was on the right side of progress for gender equality and that’s something Financy absolutely welcomes.

But there was still no sign of a gender equality target and that’s a big missed opportunity.

We also didn’t get any sign of a shift in employer paid superannuation on paid parental leave.

There were some important wins (although hard fought wins) for older women and single parents but still a lot more needs to be done to ensure the employment incentives are there…flexible work and employer subsidies being two ideas.

Financy also welcomes the government commitment to encourage more women into apprenticeships by setting national gender targets on major Australian Government‑funded construction and information and communications technology (ICT) projects valued at $10 million or more.  This is a structural shift in challenging gender stereotypes across industries that will go a long way towards reducing gender inequalities in the workforce and in the gender pay gap.

Indeed the Women’s Budget Statement also noted that more men would be encouraged to participate and gain skills in fields where women have been historically over‑represented, such as the care and support sector.

https://financy.com.au/federal-budget-2023-delivers-for-single-women-in-need/

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