Supporting Homeless Women
One of the most confronting facts about our society is that Women over the age of 55 are the new face of poverty in Australia. These are women who never in their wildest dreams felt they would be in this position, they have supported families, raised our children and with age have been left behind without financial security. It is a national tragedy and totally unacceptable and Women and Wealth Club will do everything within our power to make a difference and to do our part in providing dignity and housing security to older women.
The fact that Women over the age of 55 are the fastest growing group of people experiencing homelessness in Australia may not be visible to you. Many older women are living in cars, couch surfing and (over) staying with family. And the distressing thing is that it is growing and did so by 31% between 2011 and 2016. Distressingly it’s a trend that is expected to continue unless social housing provision is expanded, given the gap in men’s and women’s lifetime wealth accumulation.
Women and Wealth Club are committed to making a difference and contributing to the dignity and safety of women and so we have partnered with the Older Women’s Network (OWN) to provide shelter for women experiencing homelessness. 5% of our revenue is proudly donated to charity to provide shelter for homeless women. 30% of our partner company, Newfandangled Properties Older Women’s Buyer’s Advocate service is also donated to the same charity. For every $66 we donate we are proud to provide shelter for one woman in staffed safe accommodation in Sydney.
Women and Wealth Club would like to thank our customers and supporters. Your sales mean that we donate to OWN to provide temporary shelter for homeless women. Our goal is to sponsor an entire women’s shelter, and in doing so provide permanent accommodation for a dozen women which costs around $280K per annum. Your business means a lot to us and gets us one step closer to our goal.