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Showing 21 - 30 of 64 results for "Super gap"

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.

KPMG proposes tax offset, reform to boost gender equality

ANDREW MCKEAN  |  TUESDAY, 27 SEP 2022
... of all the work performed in Australia. Nevertheless, women face a gender pay gap, a gender income gap, and a gender super gap. "Expecting women to do more of the unpaid work than men is a social norm inherited from a bygone era. It is a relic from the ...

Not enough being done to fix super gap: AIST

JAMIE WILLIAMSON  |  TUESDAY, 6 SEP 2022
... Scheerlinck lamented the glacial pace of change for women when it comes to superannuation. Touching on why closing the gender super gap is a top priority for AIST this year, Scheerlinck said she is getting sick of talking about all that is not being ...

Super giants, investment firms join Future IM/Pact

CASSANDRA BALDINI  |  MONDAY, 29 AUG 2022
... acknowledges the link between diversity and stronger investment outcomes, but is committed to redressing the gender super gap through a holistic diversity strategy. "To address imbalances such as Australia's 14.1% gender pay gap and its resulting erosion ...