The 2022-23 Australian Federal Budget was released on 29 March 2022 by Treasurer Josh Frydenberg, outlining how the government plans to allocate their funds for the next year.Read article
One of the winners of this year’s Federal Budget was increased funding for women.
The Federal Budget 2021 was announced on 11 May 2021, outlining how the government plans to allocate their funds for the next financial year. One particular area of focus for next year’s budget is funding for particular areas that pertain to women. This includes funding in women’s health, education and increase in support for victims of family violence.
Out of the $354 million the government has allocated for women’s health, $100 million is going towards improving cervical and breast cancer screening programs. Over $47 million is being put towards support for depression in pregnant women and new mothers and approximately $13.7 million towards reducing pre-term birth rates within Indigenous communities.
Over the next four years the government also plans to fund $998 million towards reducing domestic and family violence as well as supporting victims of family violence. This includes funding for frontline services and specific programs for migrant, refugee, Aboriginal and Torres Strait Islander women. In this area, the government will be putting $164 million towards a trial program designed to offer financial help to women running from family violence.
Within the education sector, $42.4 million will be invested over seven years for 230 scholarships for women in science, technology, engineering and mathematics.
On top of investing in women’s health, education and support, the government has also announced a new four year, Family Home Guarantee scheme which offers 10,000 single parents with dependents and an income of less than $125,000 the ability to buy a home with a 2% deposit.