$5 billion into childcare will boost GDP by $11 billion a year: The Government’s missed opportunity
By Ann Wen · 14 October 2020 · Australian Budget 2020
By Ann Wen · 14 October 2020 · Australian Budget 2020
The Australian Government's economic recovery plan overlooked a crucial opportunity to support women and men equally, despite the pandemic's disproportionate impact on female-dominated industries. Discover what was left on the table and how it could have made a significant difference.
Despite the majority of pandemic-induced job losses occurring in female-dominated industries, the Government has not delivered policies that support women and men equally throughout Australia’s economic recovery. The 2020-21 Budget announced a $240 million Women’s Economic Security Statement, however missed an opportunity to boost workforce participation and long-term productivity through childcare investment. A focus on […]