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Showing 1 - 10 of 25 results for "Lower wages"

HESTA calls for reforms to help women in retirement

ELIZA BAVIN  |  FRIDAY, 1 AUG 2025
... strengthen Australia's retirement system, but there are still policy settings that disadvantage women and those earning lower wages," Blakey said. "These changes should be seen as the foundation for further progress on creating a fairer super system ...

Taskforce unveils recommendations for economic equality

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... Referencing the Grattan Institute and Retirement Income Review, higher super contributions are ultimately funded by lower wages, thereby making women poorer before they reach retirement. "Women are also more likely to rely on the Age Pension in retirement ...

Women less confident to retire: Vanguard

CHLOE WALKER  |  THURSDAY, 24 AUG 2023
... retire well." On average, Australian women earn 13% less than their male counterparts, often work in industries with lower wages, take time off to manage home-related issues, care for children, and live longer, Nutter said. "All this means that women ...

RBA downplays exchange rate inflationary impacts

ANDREW MCKEAN  |  TUESDAY, 25 OCT 2022
... international competitiveness had been restored," he said. So, albeit the end of the mining boom contributing to many years of lower wages growth in Australia, the domestic real exchange rate based on unit labour costs have returned to levels around ...

Young investors undeterred by volatility: Data

CHLOE WALKER  |  THURSDAY, 23 JUN 2022
... theme for young people, particularly women, who are becoming more proactive in dealing with historical hurdles like lower wages, minimum cheque sizes, access to education and support." Kresina said that alongside allocating a higher portion of their ...

Dump annual super contributions cap: CA ANZ

JAMIE WILLIAMSON  |  THURSDAY, 19 MAY 2022
... significant financial disadvantage to their male counterparts," CA ANZ superannuation leader Tony Negline said. "With lower wages comes lower super contributions - resulting in a less secure financial future." He added that the greater number of career ...

SG rise no real benefit to women: Review

JAMIE WILLIAMSON  |  FRIDAY, 20 NOV 2020
... retirement incomes for women is the accumulated result of the economic disadvantages they face while working. These include lower wages than men, more career breaks, and more part-time work. Breaking down the suggestions of stakeholders in improving ...

Chief economist update: COVID-19 cycle

BENJAMIN ONG  |  MONDAY, 17 AUG 2020
... personnel they employ would be affected. It then becomes a vicious circle where consumers, fearing loss of income and/or lower wages, save rather than spend. Less consumer spending leads to reduced business revenues and profits that, in turn, removes ...

ISA plays devil's advocate on SG

HARRISON WORLEY  |  MONDAY, 15 JUN 2020
... analysis' motivations point out there are a number of channels by which increases in the SG can be funded, including lower wages, costs being borne by employers through a reduction in profits, by consumers through increases in prices and via lower ...

ISA takes swipe at Grattan

ELIZA BAVIN  |  THURSDAY, 27 FEB 2020
... Institute rejected ISA's modelling saying its research assumes only 70% of the cost of higher compulsory super comes from lower wages. "Grattan's research shows that at least 80% of the cost of compulsory super comes via lower wages within two to three ...
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