Women in Australia Are a Generation Away From Equality on Pay
- Finance and insurance sector has the biggest gender pay gap
- More than a third of ASX200 yet to reach 30% women on boards
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Australia is losing momentum in efforts to bring equality to the workforce, with a new study finding that it will probably take another 26 years until women are paid the same as men.
The gender pay gap is worst in finance and insurance firms, at almost 28%, versus 20% across the workforce as a whole, according to the study released by the government’s Workplace Gender Equality Agency and the Bankwest Curtin Economics Centre.