Economic Security

Gender must not be a factor in levels of economic security during working life or in retirement.

 

WHAT?
  1. All Australians can expect economic security, with no loss of dignity in retirement, irrespective of gender.
  2. Occupations and Industries are gender balanced (40:40:20)
  3. All genders receive equal full-time equivalent total remuneration, and there is NO gender pay gap.
  4. The superannuation savings and retirement incomes of all genders are equal.
  5. Long-term planning for a secure future is not impacted by gender or job considerations.
  6. Higher-risk populations can access additional support responsive to historically gendered outcomes.
  7. Occupations and industries are gender balanced.

 

HOW?
  1. Eliminate the underpayment of female-dominated industries through award changes.
  2. Require employers with more than 50 employees to disclose their gender pay gap to Workplace Gender Equality Agency (WGEA).
  3. Require public sector employers to report to WGEA.
  4. Legislate superannuation payments on all earned income and supplement the superannuation contributions of caregivers, sole traders, long-term casual employees, and those who take time out for family or caring responsibilities.
  5. Provide more robust protections for employees in industries with a casualised workforce.
  6. Provide public education on how financial decisions affect lifetime earnings and how to mitigate against adverse outcomes.
  7. Unpaid work, such as caring, is assigned financial ‘value’ through direct financial or tax subsidies.
  8. Rebalance remuneration and benefits across all industries to gain traction in closing the gender pay gap.
  9. Review ALL legislation introduced into state and federal parliaments for gendered consequences and adjust to ensure equity.
  10. Mandate a gender impact analysis of all budgets, policies, and government programs. All government policy recommendations and business cases must explicitly consider the impact on women.
  11. Ensure a gender balance in all budgeted expenditures, (including health, sport, and education), and introduce measurable targets.
  12. Establish a legal right to equal pay.
  13. Remuneration and benefits frameworks have equity as a desirable outcome and are based on skill, experience, and demonstrated value.
  14. Achieve balanced gender representation in all industries.
  15. Legislate for financial institutions and retirement funds to have systems in place to prevent economic coercion and control.