Tasmanian women of all ages also have some of the lowest super balances in the nation – and if the government cuts super women will be left further behind.
The gender super gap at retirement in Tasmania is more than 30% and the median balance of Tasmanian women in their 60s is just $142,000 –well below the $545,000 recommended for a comfortable retirement.
These stark figures highlight the need for the government to keep its promise to lift the super rate to 12%. Women on middle to low-income are the most likely to get the legislated super boost, lifting the rate will contribute to ending the retirement imbalance.
*The above material, whilst correct at the time of publication may include references or statements which are no longer current.