I prepared a research paper on issues associated with the economic and financial security for women. The report is being considered by the Minister for Women, Kelly O’Dwyer and will be part of a bi-partisan parliamentary discussion on the critical policy issues associated that can be developed to enhance the economic security for women.
The report can be seen at this link: https://www.security4women.org.au/wp-content/uploads/20180625-eS4W_White-Paper_Defining-the-Concept-of-Economic-Security-for-Women.pdf
Defining the concept of economic security for all women & Policy recommendations to boost women’s economic security
Boosting Economic Security for All Women
OBJECTIVE: To raise awareness and contribute effectively to development and implementation of policy that impacts all women living in Australia and ensures women’s equal place in society, in the Government’s policy priority area of improving women’s economic independence and financial security.
The current policy approach to childcare, superannuation, education, jobs and financial literacy is not keeping up with changes in social attitudes, structural changes in the economy and demographic changes.
The paper brings together research and analysis of specific issues that feed into the overarching issues of economic and financial security for women. We are grateful for the efforts, thoroughness and insightful nature of that work. This paper highlights some of the policy reforms that will be needed if women’s financial and economic security is to be enhanced.
It is a next step in the process that will inevitably be built upon as steps are taken to improve economic security for women.
Economic Security for Women
One of the well-established and central platforms of economic and social policy is to deliver economic and financial security for all members of society.
Economic security entails a number of basic conditions, but has as a central underpinning an ability, throughout life, to afford to have shelter, food and basic living expenses covered. Financial security also means opening access to opportunities not only at these basic levels of living standards, but to also achieve higher levels of security and well-being through education, training and employment opportunities.
Paid employment is one of the benchmarks for financial security, but in the circumstances where many women have either sporadic or minimal opportunities to engage in paid work throughout their adult life, a government provided, broadly based, financial safety net is essential if economic security for women is to be enhanced.