Money Magazine

It's only fair to remove the 'motherhood penalty'

Statistics pulled together by Women in Super, an industry body that advocates for policies to improve women's financial security in retirement, makes for depressing reading. How, one wonders, could such glaring gender disparity have been normalised for so long?

Women in Super has been shining a spotlight on the system's inequalities. With the election of a new federal government, it is calling for measures to address the tax inequalities, pay super on parental leave and ensure those performing unpaid caring work aren't left behind.

Australia's retirement system is built on the assumption that workers will have an unbroken, full-time attachment to the workforce until they retire - modelling that ignores

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