The evidence globally and in Australia is clear that advances towards gender equality contribute to nations’ resilience, deliver economic gains and accelerate productivity. Despite progress on improving gender equality in Australia, women are still more likely to work part time, be underemployed, and experience lower pay and job security compared to men.
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.
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.
The changes to taxation in 2017-18 Budget will impact Australian women according to new analysis released by the National Foundation of Australian Women (NFAW).
In Australia there are three pillars for retirement incomes – income support, superannuation and individual savings. This section addresses women and income support in the retirement incomes system.
NFAW and the Equality Rights Alliance submit that tax reform must be examined through a gendered lens to identify any impact that reform may have on women. Specifically, the economic impact on women are often the result of gender blindness that does not recognise the different effect that policies have on women because of the circumstances of women’s lives.
