Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................11. Impact of following policies on low income people...............................................................12. Relationship between gender and income inequality in Australia and its impact onindividuals and Australian society..............................................................................................23. Suggestion of some policies to address inequality with its expected results..........................34. Some innovative ways to support and assist people on low incomes....................................4CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7
INTRODUCTIONIn Australian society, there is difference in income level of people residing in society. Soit creates gap in society among upper and lower level income people. There is difference inmindset of people as well because of their behaviour. So in this report, there is discussion aboutAustralian and NSW government policies which has impact on society. Apart from this it alsoprovides knowledge about relationship in gender and income inequality. Some suggestions areprovided to remove inequality in income level of consumers because of changing policies(Baldwin, 2016). MAIN BODY1. Impact of following policies on low income peopleThere are different policies, planned by authorised parties of Australia for improvingcondition of society. But sometimes, it increases gap among people on the basis of their income.In this report, there is discussion about two policies i.e. parenting payment and disability supportpension. Parenting Payment This is the payment which individual will get if they have responsibilities of caring andgrowing up their children. This is the financial assistance through which young child can growproperly by getting incentives and dependency on support from income can be reduced. This isthe way through parents are ready to take care of their children and this ultimately positivelyaffects growth and development of Australia. There are some eligible criteria under which thisfacility can availed such as limited income, age of children has to 8 or 6 ( in case of single parent) . Parents can not claim this payment before birth of infant . Amount of parent paymentdepending of assets and income of parents (Banks, 2016).According to Veronica Sheen (2019) There is negative impact on lowered income peoplebecause of this policies. There is change in this policy such as before 2006 parents will getallowances till their child become sixteen. But after 20o6 this act altered single parents speciallywomen whose children between eight to fifteen are shifted to lower new - start allowance. Peoplewho are registered earlier are exempted, so there is dissatisfaction among people who areresiding in society. After 2012, there is no exemption to earlier parents as well. So this makesimbalance in people because they undertake their children for 15 hours per week in case of1
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