Women and financial security: Gender Impact Assessment
Women’s financial security is influenced by labour market participation, pay equity, financial literacy and structural discrimination. It can be severely hampered by having to work in casual or part-time employment, by having to take unpaid maternity leave, by not being adequately compensated for work performed at home with children or in other carer roles, and a superannuation system that penalises employees with lower incomes and multiple employers or multiple superannuation funds. There are various other gendered differences that make women’s financial security more tenuous, including the gender pay gap, retirement trends, and women’s life expectancy. Recent Government initiatives are a step toward increasing women’s ability to have financial security, but will require systemic and cultural change at many levels of financial engagement to ensure equity for women.
Women and financial security / Quinn K, Women's Health Victoria - Melbourne: Women's Health Victoria, August 2008 - (Gender Impact Assessment 5)
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