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M ajor C hanges for S uper, but W omen are S till M s … ing O ut
Author(s) -
OLSBERG DIANA
Publication year - 2006
Publication title -
australian accounting review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.551
H-Index - 36
eISSN - 1835-2561
pISSN - 1035-6908
DOI - 10.1111/j.1835-2561.2006.tb00044.x
Subject(s) - legislature , workforce , equity (law) , labour economics , demographic economics , business , economics , political science , economic growth , law
Recent major legislative and regulatory changes to superannuation have brought improved equity to Australia's superannuation system, but women are still missing out when it comes to the adequacy of their retirement savings. The reasons are women's continuing marginal attachment to the labour force and their attendant low level of lifetime income in the paid workforce, which translates to low levels of accumulated occupation‐linked superannuation savings. This paper argues that gender‐based disparities in adequacy of superannuation persist, and that the prospects for retirement lifestyles for most older women continue to be dismal.