Premium Content Subscriber only Urgent action must be taken to arrest the gender gap in super balances, according to Industry Super Australia. Figures show that women of all ages in the electorate of Capricornia can expect to have 40 per cent less super than men and retire with less than half that of men, while in Flynn women retire with a third less than men. Women in Capricornia on the cusp of retirement have a median super balance of just $113,600, while in Flynn it’s $121,500 – well below the $545,000 needed for a comfortable retirement. The ISA said those figures highlighted the need to lift the super rate as legislated from 9.5 per cent to 12 per cent.