Australia's 2025 Federal Election and Women's Economic Security

The 2025 Australian Federal Election has ushered in a pivotal moment to place women's economic security at the centre. With the re-election of Anthony Albanese's Government, a series of reasonably progressive policies have been introduced, which will work to dismantle systemic barriers and empower women across the nation. However, while these initiatives mark significant progress, it is crucial to recognise that challenges such as housing instability and domestic and family violence continue to impede women's full participation in the economy.

Investing in Women's Economic Empowerment

Childcare Reform

The Albanese Government’s commitment to early childhood education has been reinforced with a historic 15% wage increase for early childhood educators, a predominantly female workforce. This move not only acknowledges the value of their work but also aims to improve the quality of care and accessibility for families. Additionally, the government has introduced the 3-day guarantee of early childhood to ensure that women looking for work or studying are able to access subsidised childcare.

HECS Debt Reduction

Recognising the disproportionate impact of student debt on women, particularly those in lower-paying sectors, the government will implement a 20% reduction in HECS-HELP debts. For instance, a graduate with an average debt of $27,600 will see a reduction of $5,520. The repayment threshold has been lifted from $54,000 to $67,000, alleviating financial pressure on graduates and enabling them to invest in their futures.

Women's Health Initiatives

The 2025-26 Federal Budget allocates $792.9 million towards women's health, focusing on areas such as endometriosis, contraception, and pelvic pain. This funding aims to improve access to essential health services, reduce out-of-pocket expenses, and enhance overall well-being for women.

Addressing Persistent Barriers

Housing Affordability

Despite efforts to increase housing supply, many women, especially single mothers and older women, face challenges in securing affordable and stable housing. The government's plan to construct 100,000 new homes for first-time buyers is a step forward; however, there is a pressing need for increased investment in public and community housing to ensure that all women have access to safe and affordable living conditions. There could be additional support for women to re-enter the property market after a relationship breakdown as these women are often facing financial disadvantage and not eligible for existing schemes.

Domestic and Family Violence

Domestic and family violence remains a significant issue affecting women's ability to fully engage in the economy. The government's commitment to funding crisis and transitional housing for women and children experiencing domestic violence is commendable. However, sustained efforts are necessary to address the root causes of violence, provide comprehensive support services, and ensure long-term safety and security for women.

Looking Ahead

While the policies introduced in the 2025 Federal Election represent substantial progress, achieving true economic security for women will require a multifaceted approach. This includes continued investment in education, healthcare, housing, and safety, as well as addressing systemic inequalities that disproportionately affect women.