News and Views Podcast Show · Sarah Power: Director of Business Concepts Group, Financial Planner and Accountant

NV138: International Women’s Day

·21 min·1 clip
The gender pay gap is around 14%, and that has not changed since 2019.
1. BCG News and Views Podcast Show episode 138 focuses on International Women’s Day and women’s finances. 2. Sarah Power hosts with Chris Reid as co-host, and their roles matter because both work through taxation, business, and superannuation issues. 3. The episode asks what women can do about pay, super, and retirement gaps before International Women’s Day on 8 March. 4. Sarah and Chris say the gender pay gap sits around 14% and has not changed since 2019. 5. They link that gap to about $264 per week at minimum wage and note Western Australia at 22.4% and South Australia at 7.4%. 6. They say different studies give different percentages, but all of them still show a gap. 7. The hosts connect lower wages to women retiring with around 23% less super on average. 8. They add that women live four years longer, which makes lower super balances more difficult in retirement. 9. They say 67% of part-time workers are women, so many women receive less super guarantee over their careers. 10. They also note divorced women can have up to 68% less super after separation. 11. Chris describes family law negotiations where women may keep the family home and give up some or all of the super. 12. Sarah and Chris say the early release of super during COVID-19 may worsen the gap because many women used it. 13. They point out that 34% of single women over 60 are living in income poverty. 14. They say the age pension is around $25,000 a year and that 27% of men are also in income poverty. 15. They add that 59% of homeless people are women, which they describe as a striking statistic. 16. The hosts discuss draft legislation that would force employers with more than 100 employees to publish pay information. 17. The tone is practical and advisory, with Sarah and Chris moving between statistics, examples, and action steps. 18. The format is a conversational two-host discussion with repeated prompts about superannuation and financial wellness. 19. People concerned about pay equity, superannuation, and retirement planning would value this episode. 20. Listeners looking for deep technical tax theory may skip it.

As heard by us

A practical look at the gender pay gap, pay transparency, and superannuation.

Episode 138 turns International Women's Day into a clear discussion of women and their finances, with pay equity and superannuation kept front and center.

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Why you'd press play

You want a calm International Women's Day money checkup that stays grounded in pay, superannuation, and the numbers.

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