Australian women are front and centre in Labor's second Budget with the most significant single year investment in women's equality in at least the last 40 years.
At the election, Labor committed to improve the lives of women as a priority for the nation and this Budget demonstrates how serious the Albanese Government is about delivering on that commitment.
Minister for Women, Senator the Hon Katy Gallagher, said that the Albanese Labor Government was delivering on its promises to Australian women.
"This Budget is a significant investment in Australian women and is delivering programs and policies that are designed to echo long beyond this term of Parliament and permanently shift the dial on women's equality."
"Investing in women's safety is indisputable, investing in women who are most disadvantaged is the right thing to do, investing in programs that help get women back to work is common sense, and investing in wages for women is good economics."
This Budget continues the process of assessing the impact of Budget decisions on women through an expanded application of gender impact analysis on key policy proposals.
We know that we cannot solve the inequality that women face in this country in one Budget or even one term of Parliament, but we can continue to make progress towards this ultimate goal and this Budget does exactly that by removing some long-term barriers faced by women.
The full Albanese Labor Government's Women's Budget Statement is available on the Treasury Budget Website and a summary of the key initiatives is below.
The Albanese Government is making investments to support economic inclusion and provide targeted cost-of-living relief for those who are facing the greatest hardship, including:
We are also supporting women's economic equality and helping to close the gender pay gap with investments to support highly feminised workforces, including:
Women cannot be equal if they are not safe. This Budget builds on the Government's record $1.7 billion investment to end violence against women and children in October, and includes:
The Government is making investments to support women's health and wellbeing, including: