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The New Daily
The New Daily
Business
Michael Ramsey

Super gender gap costing women thousands each year

HESTA Australia
The study found women were still retiring with around a third less super than men. Photo: Getty

Working mothers 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.

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