ABBOTT’S BUDGET DEVASTATING FOR WOMEN

May 22, 2014


New Government data reveals just how devastating Tony Abbott’s cruel and unfair Budget will be for low and middle income women.

Yesterday, Federal Shadow Minister for Families and Payments, Jenny Macklin, visited women’s employment service Fitted for Work to meet with clients and discuss the impact of Tony Abbott’s budget on low income women.

New Government data reveals just how devastating Tony Abbott’s cruel and unfair Budget will be for low and middle income women.

Yesterday, Federal Shadow Minister for Families and Payments, Jenny Macklin, visited women’s employment service Fitted for Work to meet with clients and discuss the impact of Tony Abbott’s budget on low income women.

“Fitted for Work assists women experiencing disadvantage get work and keep it” said Ms Macklin.

“Last year, Fitted for Work assisted more than 3000 women to get a job. Unfortunately, many of these clients will be hit hard by Tony Abbott’s cruel budget measures” said Ms Macklin.

“21 per cent of Fitted for Work’s clients are under 25 years and approximately 34 per cent of Fitted for Work’s clients are under 30. 24 per cent of the women Fitted for Work sees are single mothers. Each of these women will have their payment cut by Tony Abbott”.

Before the election, Tony Abbott promised he would be the Prime Minister for women, and proclaimed, “our nation…has smashed just about every glass ceiling”.

Tony Abbott, International Women’s Day Speech, 4th March 2014


“Not surprisingly, women didn’t rate a mention in Tony Abbott’s Budget last week” said Shadow Minister for Women, Claire Moore.

“Many Australian women, in particular those on low incomes, will be hit hard by this Budget” she said.

Cuts to family payments including cutting families off FTB B when their youngest child turns six will reduce family income and add to the pressures of raising families – according to the ABS, 87% of one-parent families with children under 15 years are single mothers.

A sole parent with an income of $55,000 with two school aged children, will lose around $6,000 a year by 2016 as a result of this budget.

Cuts to pensions will disproportionately affect women who according to the latest Government data account for nearly 55 per cent of all Age Pensioners (1,303,554); around 70 per cent of all single age pensioners are women.

Had Tony Abbott’s new indexation system been in place for the last four years, 1.3 million women age pensioners would be around $1,500 a year worse off than they are today.

These cuts also apply to the almost 400,000 women on the Disability Support Pension and more than 160,000 women on the Carer Payment – 69 per cent of all people on the Carer Payment.

Tony Abbott’s hit to pensioners doesn’t stop there. He has abolished the Pensioner Education Supplement; 76 per cent of recipients are women. Tony Abbott is denying more than 31,000 women pensioners per year, support when they study. 

Of the estimated 100,000 Newstart recipients under 30 who will lose their benefits for six months as a result of this budget, it is estimated that around 50,000 of these will be women.

A $7 GP co-payment will disproportionately affect women – last year, 60 per cent of GP visits were by women.

The delay to the superannuation guarantee will have a deep impact on women given the average superannuation payout for women is almost half that received by men.

The Budget confirms the Abbott Government has cut the Low Income Superannuation Contribution that provides 2.1 low income million women up to $500 a year to help them save for retirement.

These 2.1 million women represent 60 per cent of all low income earners in Australia. This means that low income women’s retirement savings will be diminished by around $27,000 in current dollars.

Tony Abbott’s Budget of broken promises is devastating for low income women” said Ms Macklin.

 FRIDAY, 22 MAY 2014

CONTACT: CATHERINE CHARLESON 0419 987 947