Budget 2023 & Older Women
One of the distinctive features of Budget 2023 was that for the first time there was recognition that women aged 55+ on Jobseeker had little in savings and little chance of finding work. This was a meaningful step towards recognising that older women in the workforce face distinctive problems. However, Treasurer Jim Chalmers chose to award them only $6 p.d. extra in their Jobseeker payment. Not enough to lift them above the poverty line or out of homelessness.
Government needs to recognise that there is a social crisis that directly affects the present generation of older women and will most likely affect future generations of women. Government needs to formulate an holistic, targeted strategy and measures to address this crisis as rapidly escalating numbers of women continue to fall off the cliff.