Efforts from employers,government,and frank conversations between partners about super being a shared expense are still needed. But it’s a start.
Expensive gifts are a lovely way to show your love,but supporting their long-term financial independence is even better.
The government will seek to close a gap in retirement savings between men and women by paying super on top of parental leave.
The first time mother loved being home with baby Bernadette. But the months-long wait for parental leave payments became a financial problem.
While the uptake in fathers taking more parental leave is great,we have more to do to help organisations prepare for it.
Employers must treat paternity leave as seriously as when women take time off work for parenting responsibilities,advocates say.
Aside from the emotional toll,families caring for a premature baby also report significant financial impacts on their household budgets.
New Zealand first introduced extra paid parental leave for babies born before 37 weeks in 2016,but Australia has no provisions.
As we laud the progress we’ve made on parental leave,I believe there has been a massive oversight that the government should address.
It’s not as if I didn’t understand this before embarking on my pregnancy. But knowing something theoretically is very different to experiencing it in reality.
As inflation surges,having a baby might not look as financially comfortable as it did 18 months ago.