Skip to content
National News Current Affairs, Political

ACOSS applauds decision to pay super on paid parental leave

ACOSS < 1 mins read

Media release | Thursday, March 7 2024

ACOSS has today welcomed the Albanese government’s decision to pay superannuation on government-funded paid parental leave as an important step towards a fairer superannuation system for women. 

ACOSS CEO Cassandra Goldie said:

“Paying superannuation on government-funded paid parental leave will contribute to tackling gender inequality in our retirement income system,” she said. 

“Women still take on the bulk of caring responsibilities, both paid and unpaid, and take significant time out of the paid workforce. 

“Every single dollar added to someone’s superannuation account matters. Ensuring women can accumulate more superannuation helps close the gap that leaves them with a quarter less retirement savings than men, on average. 

“It is essential to safeguarding women’s financial security in later life. 

“This policy will particularly benefit women in low-paid and highly feminised industries who are less likely to have access to employer-funded paid parental leave . They often cannot afford to retire or spend their retirement in poverty. 

“Policies that bolster women’s financial security make social and economic sense. ACOSS commends the Albanese government for taking this next step towards greater gender equality in retirement.

“Closing the superannuation gap will require much broader reform, including overhauling existing concessional arrangements which provide little or no benefit to women or those on low-incomes yet come at a hefty cost to the budget.”

ACOSS proposes replacing existing concessions with a fairer and simpler annual rebate, that provides the same or greater support for each dollar of contributions for people with low incomes as that provided to middle- and high-income-earners.

Media contact:
Georgie Moore
0477 779 928

More from this category

  • Political
  • 18/10/2024
  • 13:24
Family First

Family First to Fight for Repeal of Dangerous ‘Equality’ Bill

Family First has pledged to repeal the dangerous Equality Legislation Amendment (LGBTIQA+) Bill if its candidates are elected to the NSW Parliament in 2027. The bill put forward by Alex Greenwich, which passed the lower house of the NSW Parliament today, threatens the safety and rights of women, girls, and children by removing key safeguards in the name of so-called equality. Lyle Shelton, National Director of Family First, expressed deep concern about the implications of the bill, particularly its allowance biological men to identify as women by changing their sex on their birth certificates at a whim. “This exposes girls…

  • Immigration, National News Current Affairs
  • 18/10/2024
  • 11:39
Sustainable Population Australia

Australia’s low fertility is all good news

SPA responds to news on Australia’s fertility Sustainable Population Australia (SPA) has welcomed news that Australia’s fertility has fallen to 1.5 children per woman,…

  • Contains:
  • Political
  • 17/10/2024
  • 12:21
Family First Party

Family First Party will Draft New Law to Protect Faith-Based Organisations from Hostile Government Takeovers

The Family First Party has announced that if elected to the cross bench it will immediately pursue new legislation designed to prevent hostile public takeovers of faith-based organisations, following recent national concerns over such actions – particularly the Labor Green Government takeover of Calvary Hospital. The draft law will aim to protect the autonomy and values of religious institutions that serve communities through education, healthcare, and charity. The acquisition of Calvary raised alarm among religious and civil society groups, who fear that similar actions could undermine the missions of faith-based organisations, forcing them to compromise on their core beliefs and…

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.