Femeconomy’s intention was to demonstrate that as a community, we have accelerated gender equality in Australia in the following ways:
Increasingly, gender equality procurement practices are adopted by Government, Corporates and Not-for-Profits.
Women owned businesses are acknowledged and supported as a critical contributor to women’s economic security and workforce participation.
This advocacy work from 2016-2023 culminated in Queensland, Western Australian, New South Wales and South Australian Governments all including gender equality procurement and women owned businesses as part of their strategies.
The New South Wales Government committed $3.7 million to monitor the proportion of women-led businesses in government procurement and promote equitable practices in business. As part of this project they will support the success of women-led businesses through government contracts, certification and a one-stop shop for advice.
This is an example of changing systems and structures.
Femeconomy was also recognised as a subject of social, cultural or economic significance and can therefore be accessed by the public globally, in perpetuity, thanks to the National Library of Australia archive.
This is our legacy, and this is where we will say farewell.
We have always believed in collaboration over competition. The project in NSW is a significant opportunity to support women owned businesses and potentially, for new systems and structures to be adopted nationally.
This demonstrable shift would not have been possible without Femeconomy’s community. Thank you.
We encourage you to continue to support women owned businesses with your purchasing decisions, to amplify their business journeys and to support them as investors. They are a vital part of the movement to create gender equality in Australia and internationally.