Closing the gender income gap

Closing the gender income gap

VIC
Dec 4
Women are far more likely to move in and out of the workforce, get paid less on average than their male counterparts and, as a consequence, superannuation savings for women are approximately half of those of men. How can we address this issue by changing our business practices, retirement income policy and social norms?

Speakers

Libby Lyons, Director, Workplace Gender Equality
Senator Jenny McAllister, Senator for NSW, Senate Standing Committee on Economics
Joyce Phillips, Chief Executive Officer, Global Wealth, ANZ Banking Group

Event overview

With a new Senate Inquiry into Economic Security for Women in Retirement recently announced, we examine the persistent gender gap in both income and retirement savings. Panellists from across industry, government and research will discuss:

  • The gender pay gap and what employers and policy-makers are doing to address it;
  • The gender gap in retirement savings, and possible reforms relating to superannuation, social security, paid parental leave and the discrimination act;
  • Parenting, work and the changing dynamic of flexible workplaces; and
  • The evidence-base for workplace entitlements and policy intervention.

Meet the speakers

Libby Lyons
Director, Workplace Gender Equality

Libby was appointed the new Director of the WGEA in September this year. Previously, Libby led BHP Billiton’s corporate affairs for the Olympic Dam projects, was General Manager of External Relations at Atlas Iron and has also held senior public affairs roles at CITIC Pacific Mining, Alcoa Australia and the Western Power Corporation. The WGEA will release its 2015 gender data late in November.

Senator Jenny McAllister
Senator for NSW, Senate Standing Committee on Economics

Jenny is an Australian Labor Party Senator for NSW. In August 2015, Jenny moved to establish a new Senate Inquiry into Economic security for women in retirement with the support of Liberal and Greens Senators. The Inquiry, due to report in March 2016, will examine the gender retirement income gap and any possible reforms to current laws relating to superannuation, social security, paid parental leave and discrimination.

Joyce Phillips
Chief Executive Officer, Global Wealth, ANZ Banking Group

Joyce Phillips is CEO Global Wealth and the Group Managing Director and Management Board member responsible for Marketing and Innovation at ANZ. During her career of over 25 years, Joyce has held a number of senior roles in banking and financial services with global and regional responsibilities. In July, ANZ released a report Barriers to achieving financial gender equity, which highlights opportunities for achieving greater equality and sets the benchmark from which we can measure our progress.

Supported by CEDA members

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