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

Search Results

Showing 21 - 30 of 100 results for "Gender gap"

Australia improves super system quality

KARREN VERGARA  |  WEDNESDAY, 20 OCT 2021
... at greater risk of homelessness and poverty, she said, adding that specific measures to level the retirement outcome gender gap will require concerted effort by policymakers and industry stakeholders. Mercer senior partner David Knox commented: "We know ...

SMSF establishments soar

ANNABELLE DICKSON  |  MONDAY, 6 SEP 2021
... just over $822 billion with 28% of SMSF assets held in listed shares and 18% in cash and term deposits. Meanwhile, the gender gap of SMSF members is narrowing with 53% of SMSF members being male and 47% female. The majority (86%) of SMSF members are ...

Equal Pay Day offers sobering reminder

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
... childcare would make a huge difference given time out of the workforce is one of the factors contributing to the super gender gap. Normalising the sharing of caring responsibilities is also critical, as well as paying superannuation on family leave." ...

$450 SG threshold axed

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... Income Review found that 63% of those earning less than $450 a month are women. It also found that the current median gender gap in superannuation balances at retirement is 22%. Welcoming the announcement, Financial Services Council chief executive Sally ...

Rest offers extra parental leave

KARREN VERGARA  |  TUESDAY, 11 MAY 2021
... that SG contributions should be included in the Commonwealth Paid Parental Scheme so as to combat the widening super gender gap. Excluding SG from paid parental leave exacerbates the savings gap between men and women, as women are often using the leave ...

Super gender gap widens for NSW women: ISA

KARREN VERGARA  |  TUESDAY, 11 MAY 2021
Women living in New South Wales will retire with $60,000 less superannuation than men. This is according to Industry Super Australia, which found that median balance for women in NSW sits at $48,700, falling behind the national median of $49,300 for ...

What to expect from the budget

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
... Industry Super Australia are still hoping for more good news in tonight's budget - they want the government to address the gender gap in super by instituting the superannuation guarantee on parental leave. Meanwhile, Frydenberg announced as part of the ...

KPMG recommends super changes

KANIKA SOOD  |  WEDNESDAY, 5 MAY 2021
... contributions should be included in the Commonwealth Paid Parental Scheme, among three recommendations to level the gender gap in the workforce. Its recently published paper Towards a more equal sharing of work says since the 1970s, the increase in women's ...

Cairns women disadvantaged by super gender gap

KARREN VERGARA  |  MONDAY, 12 APR 2021
... Institute research economist Eliza Littleton said. ISA chief executive Bernie Dean said: "It is time we bridged the gender gap in super - if Cairns' MPs don't act now local women's savings will keep falling further behind." "Government MPs Warren Entsch ...

ERS disproportionately impacted women

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
... female members of any super fund in the country, found that for those who made withdrawals under the ERS program the gender gap in super balance increased. Women between the ages of 30 and 39 had balances an average of 15.6% lower than men's balances ...