Australia's Gender Pay Gap Sees Slight Improvement

New reports show a reduction in the gender pay gap, but significant disparities remain, especially among CEOs.

The gender pay gap in Australia has decreased by 0.6 percentage points to 21.8%, with women earning an average of A$28,425 less annually than men.
A government report highlights wage increases in female-dominated sectors like aged care as key contributors to the narrowing gap.
Despite progress, female CEOs earn A$158,632 less than their male counterparts, with men holding 78% of CEO positions.
New legislation is being introduced requiring companies with 500 or more employees to set measurable targets for gender equality.
The Australian Council of Trade Unions reports that women effectively work 42 days unpaid each year due to the existing pay gap.