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The Guardian - AU
The Guardian - AU
National
Paul Karp

Women earn $1m less than men over lifetime and retire with $136,000 less super, study finds

ASFA Greens HESTA PPL
The gender pay gap remains the biggest driver of retirement savings disparity, research released on International Women’s Day by the Australia Institute’s Centre for Future Work suggests.
The gender pay gap remains the biggest driver of retirement savings disparity, research released on International Women’s Day by the Australia Institute’s Centre for Future Work suggests. Photograph: PhotoAlto/Alamy

Women in Australia earn $1m less on average over their lifetimes than men and retire with $136,000 less in superannuation, according to research released on International Women’s Day.

The research by the Australia Institute’s Centre for Future Work, released on Wednesday, suggests that the biggest driver of the gap in retirement savings is still the gender pay gap.

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