House debates

Tuesday, 4 December 2018

Questions without Notice

Women's Financial Security

3:03 pm

Photo of Kelly O'DwyerKelly O'Dwyer (Higgins, Liberal Party, Minister for Jobs) Share this | Hansard source

I know it's very inconvenient for those opposite, because they were all words, but very short on actions. Our Women's Economic Security Statement has been built around three pillars: increasing women's workforce participation; building better financial security, resilience and independence; and ensuring that women have better earning potential. We are doing it through practical measures like boosting female founders. This is almost $14 million directed at women who are entrepreneurs, building businesses and creating opportunities for themselves and their fellow Australians. We know that it is very hard for women to access finance, so we are putting in place a practical measure that will help them build their businesses. We know that those opposite have no plan other than to raise taxes. Their plan is all about more taxes on business, on housing, on investment and on superannuation. Let us not forget their mega retiree tax, a tax that would particularly hurt women: 30 per cent more women would be impacted by this tax, women who are vulnerable, at a time in their lives where they cannot afford it. At a time in their lives where they would be more financially vulnerable, those opposite would slug them. Our government would actually support women; those opposite would not.

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