It was billed as the “women’s budget” before its delivery earlier this month but new analysis of the Coalition’s eighth budget has found it spent 30 times more on tax cuts than it did on women’s economic security. The National Foundation for Australian Women (NFAW), in a separate review, also found opportunity for change. “These were the three themes of the 2021-22 Women’s Budget Statement, but there was little significant reform offered. Acoss estimates the stage three tax cuts will see men receive twice the tax cut as women, with men accounting for 70% of the annual value of the cuts compared to women. “We recommend that the stage 3 tax cuts be reviewed, to ensure that tax collections are sufficient to pay for the necessary level of spending on social infrastructure,” NFAW concluded.

Source: The Guardian May 23, 2021 17:26 UTC