Report
Breaking the norm: unleashing Australia’s economic potential
Publisher
Women economic conditions
Gender equity
Labour force participation
Gender gap
Australia
Description
Despite years of investment into gender equity, Australian progress has stagnated and fallen behind other countries. Women still earn 86 cents for every dollar earnt by a man, spend 1.8 hours more on domestic labour per week, and make up 6% of CEO positions on ASX200 companies.
In this report, Deloitte Access Economics, in partnership with Australians Investing in Women, looks for the first time at the root cause of these gender gaps, and what Australia stands to gain by tackling them.
The report finds that more flexible ideas around gender could lead to an additional $128 billion each year for Australia’s economy and 461,000 additional full time employees. This would be achieved through a combination of:
- More women participating in the labour force;
- Women working more paid hours (and men taking on a more equal split of unpaid labour and care);
- More people working in roles that align with their skills, talent and qualifications.
Publication Details
Copyright:
Deloitte Access Economics 2022
License type:
All Rights Reserved
Access Rights Type:
open
Post date:
11 Nov 2022
