The Australian Senate approved a motion to launch an inquiry into gender inequality of the superannuation system. The motion, approved on Monday, was backed by Labor Senator Jenny McAllister, Liberal Senator Sean Edwards and Greens Senator Larissa Waters, spurred by recent ANZ study, which revealed that women are, on average, retiring on half as much as men.
The 2015 ANZ Women’s Report indicated numerous alarming figures regarding gender inequality within the workforce. For instance, despite the fact that 42% of women aged 25-29 hold a university degree, compared to 31% of men, women are still paid, on average, 18.8% less. Women who work full-time, therefore, earn on average $295 per week less than their male counterparts—simply due to gender. In a year, this amounts to a $15,000 difference, and in a lifetime, $700,000.
ANZ CEO Joyce Phillips said globally, women earn up to 36% less than their male counterparts; this report merely confirms the financial disadvantage all women face.
“This research also confirms what’s really restricting the financial future of women is the inherent structural bias in the way the workplace, education, social and legal systems are established,” she said.
Industry Super deputy chief executive Robbie Campo welcomes the review.
“Industry super Australia’s modelling shows that even with super, pension payments and other savings combined, 63% of single women will still not be retiring comfortably by 2055 unless we act now to restructure our retirement income system,” she said.
The Greens Senator Larissa Walters attributes the growing homelessness of older women to this inequality.
“It’s timely for the Senate to examine the structural inequalities which are seeing women retire in poverty.”
“We hope the tri-partisan nature of this inquiry will lead to real outcomes to address the alarming gender retirement income gap.”
I still believe there is kindness in this world. Even though we are engulfed with war, disease, suffering, death, hate and torture, I still believe there is hope.
A few days ago, I somehow popped my tyre while driving. Don’t ask me how. I just heard a massive BANG and there it was. A flat tyre. Now, normally I would have called family friends to come and help me. The only problem was: I now lived three hours away from them.
Oh, dear! I thought. How is it possible that I can write thousands upon thousands of words and analyse philosophical ideas, but I can’t change a damn tyre?
I was freaking out—and kicking myself for not learning to change a tyre sooner. That was when a random guy asked me if I was okay—and he helped me, with no thought of himself, not even accepting my offers of money as thanks. I was bewildered—and grateful.
Similarly, a few years ago I was at a petrol station, and my cards declined—one of which was supposed to contain child support payments from my father. I tried $20 on each. Declined. $15. Declined. $10. Declined. Even $5—once again, declined. I was humiliated to the point of trying even $2, while counting up ten cent pieces from my wallet. And that was when a man stepped out from behind me and paid the rest of what I owed.
“Don’t worry about it, mate,” he said. “We’ve all been there.”
And then he left without another word.
A tyre and some money; for them, it may not have meant much. But for me, it meant the world. Could it be that there are genuinely good people out there? People who are willing to help others with no thought of themselves?
My mum once told me a story about how she saved a woman from a rather dire car crash accident. She crawled into the overturned car to pull the woman out of the wreckage. At any moment, the car could have burst into flames: but she did it anyway.
I can’t say if I’ve saved a life—I’d like to hope someone else would have intervened if I hadn’t. Two years ago I was holidaying in Vanuatu at a place known as the Blue Lagoon—essentially, a very deep, very blue swimming hole. A mother was there, waiting to catch her two girls who were jumping off the wharf into the lagoon—only, it was much deeper than she anticipated. She began to struggle. She began to call for help—scream for help. I had no idea what I was doing, I just knew I had to do something. Grabbing the girl—who couldn’t have been older than five—I slowly made my way to where I could touch the ground, banking on the idea that I could hold my breath for longer than she could. The mother cried, thanking me. Did I save her? I don’t know. But I did something, and that’s my point.
Something is all it takes, no matter how small, to change someone’s world. Small acts of kindness, small acts of bravery—that’s all it takes to change the world. So, what will you do? All it takes is one tiny step. Will you take it?
So, I have been super slack with this blogging thing for about a year. But have no fear! I am back!
So basically, this will be articles i’ve written for the University of Wollongong website (and magazine), as well as assessments and other opinion pieces. If you’re reading this, you’re awesome. I will strive to make this a fairly entertaining and informing blog! Stay tuned!