Femeconomy's Legacy
Femeconomy’s intention was to demonstrate that as a community, we have accelerated gender equality in Australia in the following ways:
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Increasingly, gender equality procurement practices are adopted by Government, Corporates and Not-for-Profits.
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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.
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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.
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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.
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This is our legacy, and this is where we will say farewell.
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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.
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This demonstrable shift would not have been possible without Femeconomy’s community. Thank you.
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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.
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Kindest,
Jade Collins and Alanna Bastin-Byrne
Directors, Femeconomy
2016-2023