March 2021

Sydney Women’s Fund launches Women’s Work

Today the Sydney Women’s Fund launched Women’s Work, a ground-breaking educational program to help women gain greater financial independence and security. Women’s Work has been sparked by recent research exposing the serious financial vulnerability of women in Sydney and it demonstrates how our subconscious bias can have a major impact on financial security.
Women’s Work is a four-part documentary series designed to get women thinking about their financial future. Following the life journey of a typical Australian woman, Women’s Work unpacks what stands in the way of financial independence – and what women can do about it.

Episode 01: Women’s Worry

Girls are more likely to suffer from ‘maths anxiety’ than boys. And this has huge ramifications later in life – we’re talking career trajectory, lower pay and confidence in all things finance. But how did we get here and what can we do about it?

‘Pink jobs’ like nursing and teaching are in high demand – but still, their pay doesn’t measure up. In fact, most ‘women’s work’ despite high education levels, is valued less than men’s – and that even goes for women who actually have ‘blue jobs’. So, what stands in the way of valuing women’s work – and what can we do about it?

Men are twice as likely to have their flexible leave requests refused than women. And that’s a problem because it means parents get less say about how they want to raise their kids. So, if both men and women want greater freedom – and choices – why hasn’t anything changed?

Today’s younger women are in a much better financial situation than previous generations. Or are they? Research shows that almost a third of Sydney’s women believe if their relationship fell apart, they’d be in financial strife. So, what’s going on and what can we do about it?

 

Congratulations to Sydney Women’s Fund and the team for their dedication and work, and to the supporters who are helping to make the much-needed noise about this crucial issue: the Hon. Bronnie Taylor MLC, NSW Minister for Mental Health, Regional Youth and Women, Wendy McCarthy AO, Lucy Turnbull AO, The Hon. Dr Kay Patterson AO, Tracey Spicer AM, Turia Pitt, Distinguished Professor Larissa Behrendt AO, Professor Rae Cooper AO, Authors Annabel Crabb and Jess Hill, Dr Kudzai Kanhutu and Jamila Rizvi. #womenswork