We are conducting a class action against Harvey Norman about their extended warranties known as “Product Care”. Find out more and register here.
In this episode of Lay Down The Law, host Jo Stanley speaks with Jacob Varghese, CEO of Maurice Blackburn Lawyers, and Hayriye Uluca, principal lawyer at Maurice Blackburn, about the gender pay gap and its impact on women's superannuation.
The conversation highlights several factors that contribute to women having less superannuation at retirement than men, including the gender pay gap, women's disproportionate burden of childcare responsibilities, and lower pay in industries with more women.
In general, women in Australia retire with 42% less superannuation than men. It can mean living their final years in poverty, a devastating result after a life-time of juggling the strains of paid and unpaid work.
The group discusses gaps in women's employment and contributions to their retirement savings due to parental leave and tax concessions that favour higher-income earners.
Overall, the conversation sheds light on the systemic gender inequalities contributing to women's retirement financial insecurity and identifies the pitfalls to watch out for, so you can boost your super savings.
Listen to the conversation below, on Apple podcasts, Google podcasts, or wherever you like to listen.
Contact us today
Our firm was founded on the belief that the law should serve everyone, not just those who can afford it. We believe in fighting back against unfair treatment and that the betterment of people and their livelihood is our greatest profit.
We have lawyers who specialise in a range of legal claims who travel to Australian Capital Territory. If you need a lawyer in Canberra or elsewhere in Australian Capital Territory, please call us on 1800 675 346.
We have lawyers who specialise in a range of legal claims who travel to Tasmania. If you need a lawyer in Hobart, Launceston or elsewhere in Tasmania, please call us on 1800 675 346.