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 …