Brotherhood of St Laurence

From partnered to single : financial security over a lifetime / Barbara Broadway, Guyonne Kalb and Dhanya Maheswara (MIAESR)

By: Broadway, Barbara | University of Melbourne. Melbourne Institute of Applied Economic and Social Research
Contributor(s): Kalb, Guyonne | Maheswaran, Dhanya
Series: Breaking Down Barriers; Report Series 5Publisher: Melbourne, Vic. : Melbourne Institute: Applied Economic & Social Research, University of Melbourne 2022; ©The University of Melbourne, Melbourne Institute: Applied Economic & Social Research, 2022Description: 148 p. : ill. PDFISSN: 9780734056177Subject(s): Women -- Economic Conditions | Women -- Finance, Personal | Income | Poverty | Labour Market | Women -- Employment | Household, Income And Labour Dynamics In Australia Survey (hilda) | Employment/unemployment | Disadvantaged GroupsOnline Resources: DOWNLOAD PDF
List(s) this item appears in: New Book List 2022
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This report uncovers new research that suggests that while a separation can reduce a man’s disposable household income by 5 per cent, on average a women’s household income decreases by almost 30 per cent. The most vulnerable group to fall into this ‘poverty trap’ were women who were without a job before the break up, and women with children. While those who had secure employment and those with a tertiary education fared much better. It is likely that women who are worse off after a separation are so due to the interplay between childcare costs and the income support system where the loss of support payments and the extra cost of childcare erode the benefit of having a job. Unfortunately, this trap looks worse for older women. While women with young children who had no job before separation have usually only been out of the labour force for a short time, women with older children and no job at separation have typically been disconnected from the labour market for longer, meaning their job prospects are lower. [website] June 2022 Includes bibliographical references The report series Breaking Down Barriers is funded by the Paul Ramsay Foundation. Any opinions, findings or conclusions expressed in these reports are those of the author(s) and do not necessarily reflect the views of the Foundation.

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Electronic Brotherhood of St Laurence
Available All material presented in this publication is provided under a Creative Commons CC-BY Attribution 3.0 Australia http:// creativecommons.org/licenses/by/3.0/au/deed.en licence.

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