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Despite parental leave win, super is still sexist [Video]

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Personal Finance

You probably know that women typically retire with 25 per cent less super than men. But do you realise that’s because super is – while not explicitly – implicitly sexist?

There is more than one reason men usually retire richer – women typically live longer (by about 4 years), earn less (an average of 21.7 per cent) and are more likely to take a career break to raise children.

More needs to be done to help close the super savings gender gap.Credit: Matt Davidson

But a big discriminating factor has been fixed this week: the lack of super on paid parental leave (PPL). Here’s what’s happened.

In a move I’ve been advocating for for over a decade – even writing an open letter to then-prime minister Tony Abbott in this masthead in 2015 – last week federal …

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