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AAP
AAP
Business
Maeve Bannister

Lifetime impact of gender pay gap costs women millions

The financial impact of the gender pay gap over a woman's working life is about $1.5 million. (Joel Carrett/AAP PHOTOS)

The gender pay gap accelerates across a woman's working life, peaking in her late-50s and leaving female workers millions of dollars short of men over their careers. 

Women entering the workforce in their late teens earn slightly more than men - $376 on average equalling a gender pay gap of two per cent in favour of women - a Workplace Gender Equality Agency (WGEA) report has found.  

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