Working mums will lose thousands of dollars in retirement savings every year the federal government resists paying super on parental leave, new modelling shows.
The analysis by industry fund Hesta and Laneway Analytics estimates women have already missed out on more than $2.8 billion in super in the 12 years since Australia's paid parental leave scheme was introduced.
Delaying the policy until July 2024 would put a $6000 dent in the retirement savings of a typical Hesta member who had a child in the previous financial year.
