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  • Money Magazine

    Surviving the ‘pink recession’

    Sep 02, 2020 3 minutes

    Covid-19 has triggered a perfect storm for women’s finances. It has hit their typical work industries – travel, retail and hospitality – particularly hard. The Australian Bureau of Statistics (ABS) has shown that women have suffered a disproportionate loss of jobs, particularly part-time work at large and medium businesses, where 125,000 women lost their jobs compared with 46,000 men from February to June. The ABS found 5.7% of women, compared with 4.7%

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