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Australia suffers a $128 billion economic setback due to women's workforce woes

Financial advisor advice to financial guidance with individuals and organisation

The report recommends that the test requires both parents to be working to access childcare subsidies. Source: Moment RF / wera Rodsawang/Getty Images

A report by the Women's Economic Equality Taskforce reveals that barriers preventing women's full participation in the workforce are costing the Australian economy $128 billion. The taskforce, comprising 13 women, gathered input from thousands of women and advocates nationwide over a year. The report recommends implementing a full year of paid parental leave and increasing investments in early childcare and education to address these challenges.


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