Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 106 results for "Gender gap"

Gender pay gap trends down: WGEA

KARREN VERGARA  |  TUESDAY, 28 NOV 2023
... Workplace Gender Equality Agency's (WGEA) latest scorecard, which assessed 4.82 million employees, the remuneration gender gap trended down 1.1% year on year, the largest drop since it collated data in 2014. On pay checks, it means that for every ...

Young Aussies flock to SMSFs

KARREN VERGARA  |  THURSDAY, 14 SEP 2023
... identify and service the retirement income needs of members," Steele said. SMSFs are making inroads on closing the super gender gap compared to APRA funds. However, there is still a way to go before we achieve parity in super balances, he said. "Interestingly ...

Government consults on superannuation objective laws

ANDREW MCKEAN  |  FRIDAY, 1 SEP 2023
... systemic issues, such as including superannuation contributions on government paid parental leave to help close the gender gap." The government is seeking feedback on the draft bill, including legislation, consequential and transitional provisions, and ...

Rest closes investment options, shifts allocations

ANDREW MCKEAN  |  FRIDAY, 25 AUG 2023
... receiving super for every hour they work as a result of the change." Further, the policy change is expected to narrow the gender gap in superannuation balances, which currently stands at 26% for Rest members aged 60 to 64. "Coupled with the introduction ...

KPMG recommends gender-focused super reforms

ANDREW MCKEAN  |  MONDAY, 17 JUL 2023
... has proposed superannuation reforms targeted at home carers and recipients of paid parental leave to help close the gender gap. The KPMG Towards Gender Equity in Retirement report recommended the government consider adding superannuation contributions ...

Claimants tend to be younger women: Research

KARREN VERGARA  |  WEDNESDAY, 8 MAR 2023
... insurance. "There are 23.2 million superannuation accounts, which also have a 60/40 male/female split, meaning there is a gender gap in access to insurance inside superannuation - the predominant platform through which most Australians can afford to ...

Gender super balance parity four decades away: ISA

CHLOE WALKER  |  WEDNESDAY, 8 MAR 2023
... of Superannuation Funds of Australia (ASFA) is calling on the government to commit to closing the retirement savings gender gap using the tax revenue generated by the proposed $3 million cap on superannuation. ASFA senior policy advisor Helena Gibson ...

In need of repair: Gender stereotypes and advice

KARREN VERGARA  |  TUESDAY, 7 MAR 2023
If a male and female customer, each experiencing the same car troubles, take their vehicles for repairs to the same mechanic, who is more likely to get ripped off? That a woman will end up paying more is a tired cliché that continues to play out in ...

Super on PPL a drop in the ocean

CASSANDRA BALDINI  |  THURSDAY, 2 MAR 2023
... that fails to mention women despite aiming to ensure the system is "equitable" has once again shone light on the super gender gap. The Labor Party will stand to save about $2 billion once it doubles concessional tax rates for balances over $3 million ...

Poor financial literacy worsens underinsurance problem

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
... Australia (HILDA), more than 8.5 million people or 45% of Australians could be classified as financially illiterate. "The gender gap on financial literacy is somewhat surprising, given women's increased participation in higher education, which is ...