Economic status

Women continue to earn less than men, are less likely to advance their careers as far as men, and are more likely to spend their final years in poverty.1

Research has shown that closing the gap between men and women's employment rates would boost the level of Australia's GDP by 11%.2 In addition, companies operating with a gender-balance actually enhance their innovation and gain a competitive advantage.3

Removing disincentives for women to enter the paid workforce would increase the size of the Australian economy by about $25 billion per year.4

In this section you can learn more about the issues affecting women's employment and economic status in South Australia, including:

Useful Links


References

  1. Workplace Gender Equality Agency (WGEA), https://www.wgea.gov.au/learn/about-workplace-gender-equality.
  2. Goldman Sachs JBWere, Australia's Hidden Resource: The Economic Case for Increasing Female Participation (2009), p2.
  3. Avivah Wittenberg-Cox, 'Why Japan's Talent Wars Now Hinge on Women', Harvard Business Review Blog Network, 9 December 2013, http://blogs.hbr.org/2013/12/why-japans-talent-wars-now-hinge-on-women/.
  4. The Grattan Institute, Game-changers: Economic reform priorities for Australia (2013), p39.