Women in Australia face multiple barriers to economic equality, including:
- Australian women earn, on average, $13,120 less in their annual base salary, than men each year.
- The Workplace Gender Equality Agency (WGEA) identifies a gender pay gap of 22.8%
- Time until equal pay day: WGEA has also established an ‘equal pay day’ on 25th of Aug which is the number of extra days women would have to work to achieve pay parity with men. In 2023 this was 56 days after the end of the financial year.
- Women in Australia retire with 47% less superannuation than men, despite an average life expectancy of five years longer.
- 40% of single women in Australia aged 50 or over are living in poverty.
- 46.4% of women are in PT employment as compared to 21.6% of men in Vic
- 26.3% of women spend 15+ hours on unpaid domestic work in Vic
- In 2020, rates of distress were 4x higher for people experiencing financial distress
- People experiencing financial distress are twice as likely to experience mental health challenges.
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