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Showing 1 - 10 of 47 results for "super gap"

Super on unpaid parental leave extended in Western Australia

ELIZA BAVIN  |  MONDAY, 11 MAR 2024
... balancing care and work." WA women's interests minister Sue Ellery said the government is taking steps to reduce the super gap for women. "Women at retirement age traditionally have much lower account balances in their superannuation - we are doing ...

Simple strategies to overcome gender super gap

KARREN VERGARA  |  THURSDAY, 7 MAR 2024
The cost-of-living crisis has the potential to threaten women's financial security in retirement, but there are overlooked yet effective strategies they can undertake to help conquer the obstinate gender superannuation gap. A new survey from Finder ...

'About bloody time': Industry responds to PPL super reform

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... paid parental leave will help our members add much-needed dollars to their retirement accounts, narrowing the gender super gap and making Australia's super system fairer," HESTA chief executive Debby Blakey said. Women in Super has also long advocated ...

Government to pay super on paid parental leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... on the present rate of PPL of $882.75. While the impact may be small, it will go some way towards closing the gender super gap. Currently, women retire with as much as 25% less in super. The median balance for those aged 60 to 64 is $211,996 for males ...

TelstraSuper sweetens parental leave policy

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
The superannuation fund is working to close the gender super gap among its employees, now paying the full-time Superannuation Guarantee to staff who return from parental leave on a part-time basis. As it stands, TelstraSuper offers 16 weeks' paid parental ...

SMC finds $38k nest egg boost for working mums

KARREN VERGARA  |  MONDAY, 12 FEB 2024
... mothers keeps pace with men," the SMC said. "It would also be well targeted, with SMC analysis showing that the gender super gap for women in their 30s has failed to narrow compared to other age groups over the last decade, indicating that the loss of ...

Pay gap bill passes, effective next year

CASSANDRA BALDINI  |  FRIDAY, 31 MAR 2023
... super that focuses on achieving dignity and equity in retirement, and this goes hand in hand with closing the gender super gap," said HESTA chief executive Debby Blake "Our super system is world class, but its design continues to disadvantage certain ...

Gender super balance parity four decades away: ISA

CHLOE WALKER  |  WEDNESDAY, 8 MAR 2023
... gender super balance will persist for at least the next four decades. "It is time the government bridged the gender super gap," Industry Super Australia advocacy director Georgia Brumby said. "It's not acceptable that women are continuing to retire with ...

Stop penalising women: HESTA

CASSANDRA BALDINI  |  WEDNESDAY, 1 FEB 2023
... lower account balances when they retire compared to their male counterparts. HESTA stressed one way to close the gender super gap is for government to pay super as part of the Parental Leave Pay Scheme, thus addressing the motherhood penalty. "Women ...

Chalmers delivers on childcare

CHLOE WALKER  |  WEDNESDAY, 26 OCT 2022
... on paid parental leave is an important equity measure for our super system and is key step towards closing the gender super gap," Blakey said.
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