Women face financial vulnerability due to structural discrimination in the economy and labour market because of their gender.
Structural discrimination means that women tend to experience greater levels of poverty, socio-economic disadvantage and increased risk of homelessness due to lower pay than men for the same work, career disruptions to care for children and other relatives, women’s concentrations in lower paying industries and roles, and because they are are more likely to work part time or casually due to caring responsibilities.
Furthermore, access to economic resources is a key determinant of mental health and wellbeing. Australian women retire with roughly half the superannuation of men but live, on average, five years more than men. For many women, their retirement years are marred by bleak poverty.
Are you looking for resources on this topic? Have a look at our Economic Equality Resources page.
What We Do
- We develop training and resources and conduct research to promote women’s economic capability and financial security.
- We deliver financial literacy programs including ‘Managing Money: Every Woman’s Business’ and ‘Let’s Talk Money’, assisting migrant and refugee women.
Let’s Talk Money
Aimed at refugee and migrant women, ‘Let’s Talk Money’ is the first financial capacity building program to train a team of bilingual peer educators to deliver practical, tailored financial information and resources to women ‘in language’ and in community. WHIN’s award-winning financial literacy resource, Managing Money: Every Woman’s Business, provides the foundation for the training.
A professional evaluation of the program’s delivery in the Hume and Whittlesea regions in 2018 will test the effectiveness of the program model, its potential for wider delivery, and help build a stronger evidence base around the financial education needs of migrant and refugee women.