Financial literacy - Women understanding money

Money may not make you happy, but understanding money and putting yourself in charge can help you to make better choices for now and into your future.  It is worth taking the time to think about how you handle your money and what you can do to make the most of your money.

Women's Money Toolkit 

The Australian Securities and Investments Commission has launched a  Women’s Money Toolkit on ASIC's MoneySmart website.

Women face unique financial challenges, such as having less super than men, living longer and taking time out of paid work to care for others.

The Women's Money Toolkit has tips and tools to help you manage your money, gain an edge on your finances and deal with life's ups and downs.

Answer some simple questions and receive a tailored list of topics just for you,that may include having a baby, relationships and money, being a carer, sorting out your super and many more. Create a personalised to-do list of actions you can take to make the most of your money

This site also has links to tools for calculating how parental leave or a career break could impact your income and superannuation.

Women and superannuation

Women need to be able to provide for their retirement during their working lives. Research has shown that superannuation savings are considerably lower for women than for men. Strategies to overcome this imbalance include policies which support superannuation savings for women. It also means ensuring that superannuation information is conveyed well to women during different stages of their life cycle.

Women in Business

The Tasmanian Government is committed to advancing economic opportunities for Tasmanian women and their families.

The No Interest Micro-Credit Program assists women on low-incomes to start or grow their own business by providing business planning support and an interest free loan. Many successful small businesses throughout Tasmania have been funded by the Women in Business Micro-credit program.

Paid Parental Leave Scheme

Paid Parental Leave for working parents

Working parents with a newborn or recently adopted child may be eligible for financial support for up to 18 weeks and dads and partners may be eligible for up to two weeks of government funded pay.

More information about eligibility, claiming and payment rates, may be found on the Commonwealth Department of Human Services website

Paid Parental Leave Scheme for employers

Under the Paid Parental scheme, the Australian Government funds employers to provide Parental Leave Pay to their eligible employees.  There is a range of information available to employers on the Department of Human Services website, including how to register and guidance on managing the scheme.