“[It is] is perhaps the biggest lever that we can pull,the biggest contribution that we can make to economic prosperity,” he said.
Victorian Premier Daniel Andrews said boosting women’s workforce participation was the most important part of the summit.James Brickwood
Women’s workforce participation will be central to discussions at the two-day summit,which has brought together more than 140 business leaders,unions and interest groups in Canberra.
While the federal government has committed to expanding cheaper childcare from July 1 next year,it has.
Andrews said 26,600 women in Victoria alone were locked out of the workforce because of a lack of access to childcare,which cost the state economy $1.5 billion a year. The number of women working reduced hours was even greater,he said.
“Better early childhood education,dealing with childcare deserts,making childcare work for working families,has never been more important – not just because it’s the right thing to do,but it’s the smart thing to do,” the premier said.
Finance Minister Katy Gallagher speaks during the jobs and skills summit.Alex Ellinghausen
“There’s probably no greater economic opportunity for us as a nation in getting this right.”
Andrews said Victoria was doubling the amount of free play-based learning access for preschool children in a bid to help give parents better access to early learning.
Minister for Finance and Women Katy Gallagher said the government “furiously agrees” that women’s economic equality needed to be addressed,and had started some of that work including by introducing paid domestic violence leave and its childcare plans.
“Over the next two days,in every discussion and for every solution,we should be looking at how we unlock the talent and potential of Australian women and remove barriers for all of them,” she said.
“There’s a big opportunity,lots of challenges,but I also think we just have to get cracking on it,so thanks very much everyone for participating.”
Treasurer Jim Chalmers has said there have been discussions about starting the policy earlier than July 1,but despite the boost to the economy,it would also put immediate pressure on the budget.
“There is a massive multiplier effect investing in childcare. But the way that the budget rules are set up mean that we account for the cost,but not for the benefit,” he said.
Alison Kitchen,national chairwoman of KPMG Australia,said KPMG was one of the many voices calling for to 26 weeks to help boost women’s participation.
“We are not taking full advantage of women’s economic contributions to work,” she said.
In a huge win for Victorian parents,children will soon go to kinder for free.
ACTU president Michele O’Neil said Australia’s current limited paid parental scheme and costly childcare needed to change. Boosting women’s workforce participation was good for men as well as women,she said.
“We shouldn’t be frightened of change. We should just get on with it,” she said.
Sam Mostyn,president of Chief Executive Women and newly announced head of the government’s Women’s Economic Equality Taskforce,noted there were links between sexual violence and women’s workforce participation. She said the recommendations in the Respect@Work report on workplace sexual harassment should be a foundation for improving workplace culture.
Sex Discrimination Commissioner Kate Jenkins said the discussions about safety and respect in workplaces had given her chills as well as “hope and optimism” that change would happen.
“We’re not having to argue why we need more women in the workplace,” she said.
Cut through the noise of federal politics with news,views and expert analysis from Jacqueline Maley. Subscribers can sign up to.