NFAW is concerned about the financial security of women, and the role of superannuation in achieving that security. To that end we have made a number of submissions to previous Parliamentary and Treasury enquiries into the superannuation system and to the Senate Inquiry into the Financial Security of Women in Retirement.
The Minister for Women has done a gallant job of extracting some money from the Government for women. However, $109 million over 4 years is roughly $26m a year. You cannot do much to increase women’s economic security on an investment of around $26m a year. You have to pad it out with old budget initiatives and do what you can on the cheap.
NFAW is concerned about the financial security of women, and the role of superannuation in achieving that security. To that end we have made a number of submissions to previous Parliamentary and Treasury enquiries into the superannuation system and to the Senate Inquiry into the Financial Security of Women in Retirement.
NFAW is concerned about the financial security of women, and the role of superannuation in achieving that security. To that end we have made a number of submissions to previous Parliamentary and Treasury enquiries into the superannuation system and to the Senate Inquiry into the Financial Security of Women in Retirement.
NFAW is concerned about the financial security of women, and the role of superannuation in achieving that security. To that end we have made a number of submissions to previous Parliamentary and Treasury enquiries into the superannuation system and to the Senate Inquiry into the Financial Security of Women in Retirement.
The current superannuation system, which is based on lifetime earnings, provides much greater tax benefits to those with the capacity to contribute more during their working life and high balances to support tax free pensions in retirement.
Economic Security 4 Women is an alliance of women’s organisations united in the belief that economic wellbeing and financial security are essential for women and will enable women of all ages to have an equal place in society.
This document is based on work done by members of the Social Policy Committee in submissions to those inquiries, and in the Gender Budget document that has been prepared in response to the Federal Budget with additional material from eS4W and its member organisation FECCA. Relevant NFAW submissions are attached as appendices to this paper.
This document is based on work done by members of the Social Policy Committee in submissions to those inquiries, and in the Gender Budget document that has been prepared in response to the Federal Budget with additional material from eS4W and its member organisation FECCA. Relevant NFAW submissions are attached as appendices to this paper.
