Senate debates

Tuesday, 8 December 2020

Motions

Women's Economic Security

4:51 pm

Photo of Jonathon DuniamJonathon Duniam (Tasmania, Liberal Party, Assistant Minister for Forestry and Fisheries) Share this | Hansard source

The Retirement Income Review considered the distributional impacts of the retirement income system across the population, including women. Indeed, section 3B of the report focuses entirely on gender issues. The report covers issues of adequacy, equity, cohesion and sustainability, and women were considered at each stage. Of course, Senator Bilyk would be well advised to read the report. The best way to reduce gender pay gaps in retirement is by reducing them in working life. Under this government, prior to COVID-19, there were more women in work than ever before and the gender pay gap had closed to its lowest level on record at 13.9 per cent.

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