Australian women will be thousands of dollars better off in retirement under a pledge to pay super on government-funded parental leave. The policy was announced as part of the first-ever gender equality strategy launched by Minister for Women Katy Gallagher in a national address on Thursday.
Labor Government announces paid parental leave Government purchasing power will also be used to reward firms committed to tackling gender equality, and to weed out big businesses without targets to improve, the minister confirmed in her speech. There were two main reasons to pay the 12 per cent super contribution on commonwealth-paid parental leave, Senator Gallagher said.
Source: News Formal (newsformal.com)
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