A report by Dr Janine Dixon, Senior Research Fellow at Victoria University’s Centre of Policy Studies, entitled ‘A comparison of the economic impacts of income tax cuts and childcare spending’  compares the cost, employment creation and impact on GDP of increased spending on child care and income tax cuts.

Dr Dixon finds that increased public funding for childcare is nearly 20 times more effective at creating jobs than a tax cut of the same size. Her key findings are:

1. almost 450,000 Australians with children under 5 would like to work more hours

2. if these parents worked an additional 10 hours per week then, by 2030 GDP would increase by $15B pa

3. net government spending of $2.8B on additional childcare would create around 135,000 jobs per year by 2030, but a similar expenditure on tax cuts would create less than 10,000 jobs.

Modelling by The Australia Institute shows is that spending money to directly employ people in childcare and directly helping those people who are currently prevented from working is a much more effective way to create jobs than to give money to people who are already working full time in the hope that they might work even more.

Those members who joined the BPW Australia National Summit last weekend heard from the two candidates for election as BPW International President, Hellen Swales from New Zealand on the Saturday and Catherine Bosshart from Switzerland on the Sunday. 

Catherine is currently the Vice President United Nations on the BPWI Executive – there is a proposal for consideration by the General Assembly to change the title to Vice President Advocacy.  Catherine mentioned she had set up a website focussed on the close working relationship between BPW International and the United Nations.  

This website profiles 10 of the accredited Representatives that BPW International has with various UN agencies and committees.  It reports on meetings of the Commission on the Status of Women and international United Nations events, and endeavours to keep BPW members up to date with UN news. 

The BPWA Summit – the National Conference you have when you can’t hold a National Conference – was well supported by members and a great success.  For those members who were unable to attend this Zoom event over the weekend of 17/18 October 2020, the webinar recordings will be posted on the website and made accessible to BPW clubs.  In the meantime, you can access the program, the update on the National Conference 2021 and presentations by the two expert speakers from BPW Adelaide – Heather Jensen on Women and Money and Wendy Teasdale-Smith on Zoom and Public Speaking. 

Clubs: check the due dates on the last slide of the National Conference presentation and ensure you schedule time in your 2021 club program to think about resolutions your club wants to submit for debate and nominations for election to the BPWA Board.  

In April, UN Secretary-General António Guterres urged the world to “put women and girls at the centre of recovery efforts” as the UN released a report highlighting how the pandemic could reverse the limited progress made on gender equality worldwide.

Unfortunately, it seems his advice has largely been ignored, with much of the world failing to adequately address the fallout from COVID-19 on women and girls.

That’s according to the just released United Nations’ COVID-19 Global Gender Response tracker, monitoring 2500 policy measures across 206 countries to apply a gender lens across three policy areas: those that tackle violence against women, those that support unpaid care, and those that strengthen women’s economic security.

The UN found 42 countries had no gender-sensitive measure in place at all, and only 25 have at least 1 measure in all 3 areas.  

The assessment of Australia’s COVID-19 response found that we have introduced measures to address violence against women and support unpaid care, but none addressing women’s economic security.

In the past year, only 1 of 25 CEOs appointed to lead ASX 200 organisations was a woman; the previous year, there were only 2.

Chief Executive Women’s latest report reveals that there are fewer women in the pipeline for promotion to CEO roles.  The organisational roles and positions that typically lead to CEO appointments are overwhelmingly held by men, with 2/3 of organisations having no women in these key roles. In fact, CEW identified that 96% of CEO appointments were chosen from leaders with responsibility for profit and loss, but women in company leadership roles tend to be concentrated in support function roles like HR, legal, risk and corporate affairs. It’s rare for CEOs to be selected from support function roles.

CEW President Sue Morphet says "we're not taking advantage" of female talent with only 30 out of 200 companies having 40% to 60% women in their executive leadership team. Even in industries with a predominantly female workforce, such as Health Care, there is huge under-representation in roles with profit and loss responsibility, with only 5% of leadership line roles in Health Care companies in the ASX200 filled by women, down from 15% four years ago.

The case for gender-responsive budgeting is clear. 

The Australia Institute has released modelling indicating that 70% of the proposed tax cuts will flow to men, while only 30% will flow to women. If Stage 2 of the tax cuts are brought forward, for every $1 of tax cut that women get, men will get $2.28. If Stages 2 and 3 of the tax cuts are brought forward, for every $1 of the tax cut that women get, men will get $2.19.

Total employment in March and April fell 3.9% for men and 5.3% for women. Hours worked by men fell 7.5% while women’s hours fell 11.5%.  Recession job losses affected women more than men, and bringing forward these income tax cuts will further widen the effective gender pay gap.

Matt Grudnoff, Senior Economist at The Australia Institute, reports that, despite women facing a bigger impact from the COVID-19 recession, Government stimulus has focussed heavily on male dominated industries such as construction. TAI research shows that income tax cuts mainly benefit high income earners which, in Australia, are overwhelmingly male. Giving tax cuts to the wealthy will have a very limited stimulatory effect on the broader economy, but it will significantly widen the economic gender divide. He proposes the Government could better target stimulus funds by investing in employment intensive industries like healthcare, aged care and education.  This will be more efficient than bringing forward the tax cuts, creating more jobs for every million dollars of stimulus. These industries also employ large numbers of Australian women who have been disproportionately affected by the COVID-19 recession.

The opening of the 75th General Assembly of the United Nations is 11 September, and the UN anticipates an eventful month ahead filled with opportunity to bridge the gap between governments and global civil society’s vision for the “Future we want, the United Nations we need,” as articulated in the UN75 People's Declaration and Plan For Global Action: Humanity at a Crossroads, Global Solutions for Global Challenges.

Civil society’s constructive voice needs to be heard and included by protecting the fundamental freedoms of assembly, association, and expression. Shrinking civic space worldwide, including at the United Nations itself, and the rise in oppression, intimidation, and threats against civil society must be reversed.

We the people call upon the UN and its Member States, heads of state and government, civil society organisations and other stakeholders, elected representatives and all citizens to take bold action based on recognition of our shared destiny, and to work to create global institutions that reflect and respond to this reality.

To date, there have been 773 endorsements, 382 organisations and 391 individuals. You can endorse the Declaration as an individual.

KPMG’s report The Child Care Subsidy: options for increasing support for caregivers who want to work, reveals increasing the federal government’s childcare subsidy from 85% to 95% would boost GDP by up to $7.4B per year at a cost of $5.4B a year.

Madeline Hislop reports in Women's Agenda that, over a 20-year period, a near fully funded childcare model could increase GDP by up to $10B through the cumulative benefit of parents’ increased productivity.  Such an increase to the childcare subsidy would incentivise parents to increase their participation in the paid workforce and help rebuild the Australian economy, as it enters its first recession since the 1990s.

Under the current childcare subsidy, families have significant out of pockets costs which create a disincentive for secondary earners in a family, most commonly mothers, work more hours as it can leave families worse off when childcare costs are deducted. KPMG Chair Alison Kitchen reports that affordability of childcare is a key issue facing working parents.

In honour of BPW International’s 90th anniversary, Dr Anne Hilty of BPW Hong Kong organised a webinar, "Leadership and the Future of BPW," which is accessible on youtube, together with its companion video.

The webinar panel features BPW leaders from around the world presenting their vision for BPW International.  They include Past BPWI Presidents Elizabeth Benham (BPW USA) and Dr Yasmin Darwich (BPW Mexico), plus Neelima Basnet (BPW Nepal), Dr Maggie Kigozi (BPW Uganda), Thanaa Khasawneh (BPW Jordan), Valerie Lim (BPW Singapore), and Carmen Taheny (BPW Ireland).

In the companion video, 24 additional BPW leaders, including BPW Australia President Jacqueline and BPW Western Australia President Carol, present their visions for the future of our organisation.  Be inspired by the depth and breadth of commitment and leadership we have across the world.

What's YOUR vision?

BPW Australia (the Australian Federation of Business and Professional Women) is marking Equal Pay Day 2020 by urging business leaders to change their habits and stay focused on equality as critical to economic recovery.

“Gender equality and gender diversity at work is not just nice to have. Gender equity is a basic human right, but its achievement also brings socio-economic benefits to everyone. In a global pandemic , now more than ever we must not risk the gain’s women have made. Empowering women increases productivity and growth and the broader community thrives” Jacqueline Graham, BPW Australia President said.

“The Workplace Gender Equality Agency has confirmed, with their recently released 2020 Gender Equity Insights Report in collaboration with Bankwest Curtin Economic Centre (BCEC), that more gender balanced leadership in an organisation delivers better company performance” Jacqueline said.

Workplace Gender Equality Agency (WGEA) is an Australian Government statutory agency created by the Workplace Gender Equality Act 2012. The Agency is charged with promoting and improving gender equality in the Australian Workplaces.

This year, Equal Pay Day 2020 will be on 28th August and remains unchanged from 2019 and 2018. The national gender pay gap released by WGEA is 14% and there are 59 additional days from the end of the previous financial year that women must work, on average, to earn the same amount as men earnt that year.

The impact of COVID-19 crisis has seen this year’s pay gap show a greater disparity between men and women. Every industry in Australia has a full time pay gap favouring full-time working men, even in female dominated industries such as health care and social assistance.

“To drive economic recovery, we need gender balanced leadership and action for a strong and thriving Australia,” Jacqueline said. To find out more , go to www.wgea.gov.au/