“The NFAW does not see an economic crisis. What we do see is a gross imbalance. Women, particularly poor women, are doing the heavy lifting and that is neither fair or equitable”
The biggest losers from the 2014 Federal Budget are women from virtually all walks of life, a detailed and disturbing analysis of the implications of the 2014-2015 Budget has found.
The National Foundation for Australian Women (NFAW), a leading non-partisan women’s advocacy group has found that:
- An unemployed single mother with one eight-year-old child loses $54 per week or 12 per cent their disposable income.
- Single mothers earning around two-thirds of the average wage lose between 5.6 per cent and 7 per cent of their disposable income.
- A single-income couple with two school-age children and average earnings loses $82 a week or 6 per cent of their disposable income.
- An unemployed 23-year-old female loses $47 a week or 18 per cent of her disposable income.
- For employed women using Family Day Care an immediate price rise in the order of $30+ per week per child is likely.
- The increase in child care fees for parents on JET (Jobs, Education & Training) Child Care Fee Assistance and reduction in hours of JET subsidised care available will discourage participation in work and training.
- Changes to university funding and housing security are likely to impact on women disproportionately.