The number of women employed full-time has jumped significantly, contributing to the narrowing of the gender wage and superannuation gaps. This positive trend is putting more money than ever before in women’s pockets, increasing their spending power and economic influence.

Rising wages and the availability of flexible working arrangements have been instrumental in attracting women to the workforce. Many workplaces now provide access to carers’ leave and permanent part-time employment, which are particularly beneficial for women. Moreover, the Australian government’s commitment to gender equality in the workplace, including legislative reforms and wage increases for aged-care employees, has fostered an environment conducive to women’s economic empowerment.