Source: SmartCompany
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Tapping the experience, skills, and talents of women remains one of Australia’s greatest opportunities for reaching its economic potential.
So, for a budget centred around big spending for “investing in a Future Made in Australia,” it’s disappointing to see no new specific spending initiatives allocated for women’s entrepreneurship and women in startups.
Female founders remain woefully underfunded in Australia. Less than 5% of private funding capital went to all female teams in 2023, and barely one-fifth to mixed-gender founding teams. This is an issue the current and previous three governments have recognised the need to address, and have each highlighted in different ways.
ABOUT THE AUTHOR
Angela Priestley is the publisher and founding editor of Women's Agenda. She's an author, journalist and passionate advocate for workplace gender equality and diversity. Her first book is Women Who Seize the Moment.
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