Equal Pay Day falls on Monday 4 September this year, marking the additional days from the end of the previous financial year that women must work to earn the same pay as men.
women and super
The gender pay gap is highest in the 45-54 age group at 20.0%. Increasing women’s workforce participation by 6% could add $25 billion a year to Australia’s GDP. (WGEA 2017)
Most women don’t work full-time. Women work part-time at three times the rate of men, which reduces their income and savings capacity.
Older women, (women 55+), in Australia have spent a lifetime of accumulating less, a lifetime of inequality of lower pay than men, of fewer higher paid positions than men. The gender pay gap persists today.