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Women and Superannuation: Labour Market Participation and Retirement Prospects

Brown, Kerry A., Brosnan, Peter, & Gallery, Natalie (2000) Women and Superannuation: Labour Market Participation and Retirement Prospects. Journal of Contemporary Issues in Business and Government, 6(2), pp. 4-14.

Abstract

Superannuation has risen to prominence as the vehicle for providing workers with additional retirement income, supplementing the government-provided age pension. In Australia, the union movement spearheaded a move in 1986 to include superannuation as part of social wage considerations in National Wage Cases. The stated objective of the Labor government in supporting superannuation was to improve the retirement incomes of low-income earners. As women comprise a large portion of those earning low incomes, the effect on women will be significant. This article analyses the gender implications of the shift to provide retirement incomes through a private sector-based superannuation system rather than the utilising the welfare system to provide a government-provided age pension. The existing superannuation system has been criticised for creating inequalities for low-income earners and generally entrenching inequity for low income groups. This contention is considered in the article.

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ID Code: 4831
Item Type: Journal Article
Additional URLs:
Keywords: Superannuation, women, labour market
ISSN: 1323-6903
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BANKING FINANCE AND INVESTMENT (150200) > Finance (150201)
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Copyright Owner: Copyright 2000 Curtin Business School, CUT
Copyright Statement: Reproduced in accordance with the copyright policy of the publisher.
Deposited On: 22 Aug 2006
Last Modified: 10 Aug 2011 23:23

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