New data released today by the Australian Bureau of Statistics (ABS) reveals Australia’s gender pay gap is at the lowest level since records began, at 11.3 per cent.
Under the Albanese Government, Australian women working full-time now earn, on average, $325.5 a week more than May 2022.
Women’s economic equality remains at the centre of the Albanese Labor Government’s economic agenda, with practical measures delivering stronger wages, greater financial security and a fairer future for women.
The Government has supported increases to the minimum wage, invested in sectors including early childhood education and aged care, expanded Paid Parental Leave and introduced superannuation on Paid Parental Leave, all while delivering further tax cuts for working Australians. Together, these measures are helping to close gender gaps in pay and retirement savings, strengthen women’s economic security and ensure women have greater financial independence throughout their working lives.
Quotes attributable to the Minister for Women, Katy Gallagher:
“We’ve put women’s economic equality at the centre of our government’s agenda, and it is encouraging to see we are making progress in the right direction.
“Under Labor, Australian women are earning more, on average, than ever before.
“We are tackling the gender pay gap from every angle, including by delivering pay rises for minimum wage workers, boosting wages in the early childhood education and aged care sectors, expanding Paid Parental Leave, and paying superannuation on Paid Parental Leave.”
Quotes attributable to the Minister for Employment and Workplace Relations, The Hon Amanda Rishworth MP:
“Labor made social and economic equality for women a priority from day one – and now we have reached another historic low in the gender pay gap.
“When the Albanese government took office in 2022, the gender pay gap was 14.1% and it now stands at 11.3 per cent – the lowest on record.
“The Albanese Labor Government legislated to put gender equality at the heart of the Fair Work Act and we will continue to fight for better wages and conditions for women.”