Gender pay gap drops to historic low
New data released by the Australian Bureau of Statistics (ABS) shows the national gender pay gap is the lowest on record - today falling to 11.5 per cent from 12 per cent in November 2023, and 14.1 per cent in May 2022. Under the Albanese Government, women’s average weekly earnings have increased $173.80 a week since May 2022.
Labor came to government in 2022 with a commitment to drive action to close the gender pay gap. Since then, we have seen the gender pay gap drop to all-time lows over four consecutive reporting cycles.