Women earn $1m less than men over lifetime and retire with $136,000 less super, study finds
Research adds to growing calls to pay more parental leave and for superannuation on paid parental leave
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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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