mproving decision-making around future pandemics requires an understanding of the decision-making that underpinned Australia’s COVID-19 response – not only how decisions were made, but also by whom and on what basis.
The National Foundation for Australian Women supports in principle the imposition of a higher tax rate on high balance accounts. We are concerned that the principle of equitable outcomes will be lost in the discussion around the mechanics of how the charge will be calculated, particularly the characterisation as a tax on unrealised gains.
The National Foundation for Australian Women supports legislating the Objective of Superannuation. The Objective should include the criteria of:-Preservation of savings-Generating income in retirement-Government support through the Age Pension and services including health and aged care-Ensuring a dignified retirement-Equity and sustainability
It is now widely acknowledged that the different elements of the retirement income system affect women differently to men. The design of the superannuation guarantee system is inherently flawed as it is based on lifetime income.
It is now widely acknowledged that the COVID-19 pandemic is affecting women and men in different ways; it is not gender neutral. The by-products of economic shock and its impact on insecure employment have hit women particularly hard. Women are over-represented in industries most affected by the virus.
The retirement income system affects women and men in different ways; it is not gender neutral. This submission responds to the terms of reference through a gender lens. This submission particularly addresses question 14 in the consultation paper.
Joint Select Committee on Australia's Family Law System. The Family Law system affects women and men in different ways; it is not gender neutral. This submission responds to the terms of reference through a gender lens.
There are a wide range of issues that currently affect Australian young women. These include (but are not limited to): The casualisation of the workforce, high rates of under-employment, increase in the gig economy and increasing unpaid internships make it difficult for young people to find steady, secure employment with access to paid leave and superannuation.1 The youth unemployment rate is currently 12.6% overall and 12.3% for young women aged 15-24, compared to an unemployment rate of 5.1% for the total population.
Superannuation policy is gender blind, but by treating men and women the same it does not recognise that women’s lived experience of economic security is different to men. Through a gender lens, the Superannuation Guarantee system is fundamentally flawed because it is based on earnings. As long as women experience lower earnings and interrupted work patterns, the superannuation system will result in poorer outcomes for them.
