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budget.vic.gov.au

Achieving economic security

Increasing economic security is an integral part of achieving equality.

Female teacher with two children

But right now, women are still earning on average $231 less a week than men.

This Government is determined to address the gender pay gap – and we’ve already made some progress.

In March 2019, the female participation rate was 60.8%, up from 58.5% in June 2014.

At the same time, the female unemployment rate is the equal lowest it has ever been, at 4.8% in March 2019.

However, there is still more to be done.

The percentage of women in the labour force who are either unemployed or underemployed in March 2019 was 15.4% – more than 4 percentage points higher than the rate for men.

Increasing economic security is an integral part of achieving equality. This Government is determined to address the gender pay gap.

It's why, in order to improve economic security for women, this year’s Budget includes:

Subsidised three-year-old kinder

$882 million to ensure every three‑year‑old has access to at least five hours per week of subsidised kinder by 2022 – increasing to 15 hours per week over the next decade. The rollout will commence in 21 communities in regional and rural Victoria, assisting more women with the cost of kinder and returning to the workforce.

Improving TAFE facilities

$57 million to ensure our state’s TAFEs are better than they have ever been, with upgraded and redeveloped facilities across Victoria ensuring more women are able to access quality training.

Free early childhood courses at TAFE

$28.5 million to add Certificate III/Diploma of Early Childhood to the list of Free TAFE courses – building on the existing 30 priority TAFE courses and 20 pre-apprenticeship courses – to reduce financial barriers for students, encourage enrolment and support the rollout of universal three-year-old kinder.

JobsBank and Jobs Victoria Employment Network

$8.8 million to expand JobsBank and the Jobs Victoria Employment Network, to help even more jobseekers find work with additional support.

Payroll tax exemptions

Offering payroll tax exemptions to encourage employers to offer parental leave to both mothers and fathers.

Reviewed 27 May 2019

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