Australian Women Earn Half of What Men Make Over Course of Career - Building Gender Balanced Business

• An Australian report adds to the evidence of the large and growing wage gap in the continent, with women making about half what men make after a full career despite having the same qualifications.

• Women make up more than half of the Australian work force but account for only 37% of total income.

• A man with a bachelor’s degree is on track to earn an average 3.3 million Australian dollars over his career, vs. A$1.8 million for a woman with the same degree.

• The AMP report found that while the wage gap has narrowed over the past 20 years in Australia, women fall behind in part because of breaks for their families.

• “As women take time out to have children and come back into the workplace they just never recover their careers to the pace that men have,” Craig Meller, managing director of AMP, told Reuters.

• Women work more hours per week than men, even if they put in fewer at the workplace, the report by the financial services company found. Mothers work 78 hours a week, including 15 spent on cooking and cleaning. Fathers average 74 hours, 6 of them on housework

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