There’s a vast gap between the projected lifetime earnings of the average Australian man with kids, compared with the projected earnings of the average Australian woman with kids. The gap is about two million dollars.
That’s according to Danielle Wood, budget policy and institutional reform program director with the Grattan Institute, specialising in tax, budget and competition policy, integrity reforms and inequality.
In this Brotherhood Talk, she looks at the main factors that contribute to women’s economic disadvantage, considering earnings across the course of their lives.
Economic sociologist Dr Dina Bowman argues many of those factors have persisted over the decades. She is principal fellow in work and economic security with the Brotherhood of St Laurence Research and Policy Centre, and honorary principal fellow in the School of Social and Political Sciences at the University of Melbourne. Brotherhood executive director Conny Lenneberg opens the discussion.