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So now we’re Bangladesh? Women’s Micro-Finance comes to the ACT

By johnboy 15 June 2009 26

Katy Gallagher has an endless capacity to surprise.

This morning she’s announced that the ACT is getting an “ACT Women’s Micro-credit Program” in the style of the Grameen Bank.

    “The program here in Canberra will provide opportunities for local women on low incomes to increase their economic independence and reduce social security dependency.”

    Ms Gallagher said the ACT Government would begin working in partnership with community organisations later this year to disperse the loans.

Now don’t get me wrong, my heart is as warmed by third world micro-finance programs as anyone. Heck I’ve loaned money in the Kiva program myself.

But I do wonder if our banking system is so broken, and our women so discriminated against in the ACT that we need something like this here? Or is this just proof that the Labor Government has finally reduced us to third world status?

(I also note that the micro-finance schemes operated to wild applause around the world are not Government operated.)

What’s Your opinion?


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26 Responses to
So now we’re Bangladesh? Women’s Micro-Finance comes to the ACT
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poptop 9:13 am 16 Jun 09

Oh Noes – The baby debate.

“It takes a village to raise a child, and a child to raze a village”

Thumper 10:31 pm 15 Jun 09

After who decided?

Usually both father and mother decide.

Hey, if people want to have kids then fine, but don’t expect me to congratulate (or recompence) you for what is essentially a lifestyle choice.

sepi 10:26 pm 15 Jun 09

Who stayed home with your kids when you decided to have them?

Thumper 10:25 pm 15 Jun 09

So, A woman decides to have a child, takes time off and then the government will pay her money to then get back into business?

Sorry if I think this is a crock.

I-filed 10:16 pm 15 Jun 09

Hmmm, three grand. That would cover, let’s see, a dominatrix outfit and some leather cuffs, and an ad in the Times?

emd 10:15 pm 15 Jun 09

I’m just going to ignore the arguments over who’s more hard done by in the men vs women debate. That way lies stupidity.

Without providing any detail on how the scheme will run, it’s impossible to know if it will make a difference in the ACT. Hopefully it will be a good thing. Interesting that it’s linked to the grants scheme designed to get women back into the workforce after having children. I wonder if this has a similar aim in reducing long-term welfare dependence for women who’ve been out of the workforce for a long period?

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