Women are closing the superannuation gap

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By Leith van Onselen

New research from Roy Morgan shows that women have closed the gap considerably with men on superannuation over the last decade, both for ownership levels and average balances:

In 2008 only 57.4% of females had superannuation, compared to males with 66.5%, a gap of 9.1% points. Currently the gap has reduced to 4.3% points, with females 64.7% and males 69%. At the same time the average balance for women has grown faster than men. Over the last decade the average superannuation balance of females grew by 87% (to $127k), compared to males with an increase of 53% (to $176k)…

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.