This complete global solution for HR professionals combines custom research, strategic white papers, country primers, webinars, and the expert guidance you’ve come to expect from...
Aug. 19—“Australia is making meaningful progress when it comes to gender equality in the workplace,” according to an Aug. 13 media release from Michaelia Cash, the minister assisting the prime minister for women.
According to the Australian Bureau of Statistics, the gender pay gap has narrowed to 17.9 percent and Australian women are now more engaged with the labor market than ever before.
“The participation rate for women aged between 15 and 64 rose to 71.5 percent in July—this is the highest level in Australia’s history,” Minister Cash said. “Lifting women’s workforce participation is a cornerstone of this government’s reform agenda.”
“We know that increasing women’s workforce participation by just 6 percent could add $25 billion or approximately 1 percent to Australia’s GDP,” Cash said, and “it is imperative for both social and economic outcomes that we realize this potential.”
Prime Minister Tony Abbott's coalition government is committed to the G20 goal of reducing the gap between men's and women’s workforce participation by 25 percent by 2025, the release said, and Minister Cash has called it “vital” that women be allowed to develop the skills and be given the support and incentives to work.
“For so many Australian women, the economic security that comes with having a decent job leads to higher retirement incomes and less vulnerability to poverty, homelessness and family violence,” Cash said. “To boost women’s workforce participation, we are focused on delivering accessible, affordable and flexible child care, supporting women out of the workplace to become job-ready and supporting small business to generate more jobs.”
Nevertheless, more work needs to be done to lift women’s workforce participation, Minister Cash said.
“Last week I hosted a tax roundtable in Sydney with Australian business leaders to discuss how tax reform can drive changes to our tax system and lead to practical outcomes for Australian women’s employment,” Cash said. “There are still 2.3 million Australian women aged 15 to 64 not participating in the labor force, and we are obligated to ensure we remove the barriers that prevent these women from engaging in the workforce.”
“Government cannot work in isolation to increase women’s employment,” Cash continued, “and so we will continue to work with the private sector to realize the economic benefits of more women in the workforce.”
To contact the reporter on this story: Rick Vollmar at firstname.lastname@example.org
The government media release is available at http://minister.women.gov.au/media/2015-08-13/gender-pay-gap-narrows-and-participation-grows.
For more information on Australian HR law and regulation, see the Australia primer.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to email@example.com.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to firstname.lastname@example.org.
Put me on standing order
Notify me when new releases are available (no standing order will be created)