THE HON TANYA PLIBERSEK MP
DEPUTY LEADER OF THE OPPOSITION
SHADOW MINISTER FOR EDUCATION
SHADOW MINISTER FOR WOMEN
MEMBER FOR SYDNEY
NEW STUDY FINDS 2017 LIBERAL BUDGET HARSH FOR WOMEN
Malcolm Turnbull’s latest Budget will force some women on to effective marginal tax rates of 100 per cent, according to a new study.
The new study, conducted by the by the National Foundation for Australian Women, took into account the total impact of Malcolm Turnbull's Budget measures including the Medicare levy increase, cuts to Family Tax Benefit, and making lower income earners pay back uni debts.
The Liberals promised to examine the tax and transfer system and its impact on women, with the view to helping boost workforce participation.
But instead Malcolm Turnbull is making things worse for women, with a Budget that delivers effective marginal tax rates of 100 per cent. That is a huge disincentive for some women to increase their participation in the workforce.
The Liberals want to keep this kind of information secret.
That's why, back in 2014, they abolished the annual Women's Budget Statement.
The Women's Budget Statement was designed to show how women were affected by government policies.
Labor has been calling on the Liberals to bring back the Women's Budget Statement, but they’ve refused.
So for four years, Labor has produced a Women’s Budget Statement from Opposition.
In their 2017 Budget, the Liberals could find $65 billion to give big businesses a tax break, but they had little for services women rely on.
Since the Liberals came to power in 2013, Australia has slipped from 19th to 46th place in the Global Gender Gap ranking.
Only Labor believes in taking real action to achieve gender equality.
Labor introduced Australia’s first Paid Parental Leave scheme, developed the first National Plan to Reduce Violence against Women and their Children, and invested $3 billion to increase wages in the female dominated social and community sector.
Earlier this year, Labor launched a national conversation on gender equality: Setting the Agenda, to talk about what's next.
To be part of the conversation, you can share your views at www.settingtheagenda.com.au or take part in the consultations Labor’s Status of Women Committee will be running around the country through 2017.
MONDAY, 22 MAY 2017