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Women live longer and retire earlier than men, but receive around a third less superannuation in their retirement. A new report by the Super Members Council has found the gap is failing to narrow - in particular for women in their thirties - calling on the government to pay superannuation on paid parental leave. But there are also issues around unpaid care work, performed predominantly by women, and which fails to receive superannuation. ....
Twelve industry super funds have called on the federal government to urgently reform a superannuation tax offset to prevent low-income workers from being penalised. ....
A $1,000 superannuation payment for low-income workers until their balances reach $100,000 and a carer’s credit for people performing unpaid caring work are at the centrepiece of Women in Super’s new policy platform. ....
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