Women are (slowly) closing the superannuation gap

Original article by Roy Morgan
Market Research Update – Page: Online : 19-Apr-23

New research from Roy Morgan shows that over the last decade, women have been closing the ‘gender superannuation gap’ on men both for ownership levels and average balances. In 2012 only 66.2% of females had super, compared with 74.8% of males – a gap of 8.6% points. The gap has since been reduced to 3.9% points, with 70.9% of females now having super compared with 74.8% of males. Meanwhile, the average super balance for females has grown faster than males since 2012. Over the last decade the average super balance of females grew by 38% (to $154k), compared to males with an increase of 26% (to $216k). These are the latest results from Roy Morgan’s Single Source survey, which is based on in-depth personal interviews conducted with over 500,000 Australians over the last decade, including over 300,000 with superannuation.

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ROY MORGAN LIMITED

Women twice as likely as men to be discouraged workers after Covid-19 job loss

Original article by Paul Karp
The Guardian Australia – Page: Online : 7-Jul-20

A report by the Australian National University has noted an increase in the number of people who are unemployed but not actively looking for work. The report was based on a survey by the ANU Centre for Social Research and Methods, and report co-author Nicholas Biddle says the increase fits in with the notion of the ‘discouraged’ worker, namely someone who would like to work but does not believe there are any suitable jobs available. The ANU found that women who have lost their job because of COVID-19 are much more likely to be ‘discouraged workers’ than men.

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AUSTRALIAN NATIONAL UNIVERSITY

Women still lag behind men in retirement funding but closing the gap

Original article by Roy Morgan Research
Market Research Update – Page: Online : 13-Sep-16

Roy Morgan Research’s "State of the Nation – Spotlight on Finance Risk" report shows that women account for 1.4 million of the 2.9 million Australians in the pre-retiree group (aged 50 to 64 and working). The average retirement savings among these women have been well behind that of their male counterparts, but they are gradually closing the gap from being 57.7 per cent of the male average in 2008 to 63 per cent in 2016. Since 2008, the average net wealth of pre-retired women has gone from $A183,000 to $A232,000, an increase of 26.8 per cent. For men in the pre-retired group, the growth in average net wealth went from $A317,000 to $A368,000, an increase of 16.1 per cent. However, the average retirement fund balance of women is still less than two thirds (63 per cent) that of their male counterparts.

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ROY MORGAN RESEARCH LIMITED

Don’t call me nanna: the ‘Advanced Style’ phenomenon

Original article by Roy Morgan Research
Market Research Update – Page: Online : 25-May-16

A Roy Morgan Single Source survey has found that 65.3 per cent of Australian women aged 65+ agreed that "I try to look stylish" in the year to December 2015, compared with 60 per cent in 2011. In contrast, just 24.8 per cent agree that "It’s important to look fashionable". Meanwhile, the proportion of older women who say that they "live a full and busy life" has risen from 65.5 per cent to 67.7 per cent, while 21.8 per cent "look for new experiences every day" (up from 17.9 per cent in 2011).

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ROY MORGAN RESEARCH LIMITED

Do Australian women even care about the AFL?

Original article by Roy Morgan Research
Market Research Update – Page: Online : 30-Mar-16

A Roy Morgan Single Source survey has found that 33.8 per cent of Australian women aged 14+ supported an AFL team in the year to December 2015, compared with 35.6 per cent in 2012. The proportion of women who watch AFL matches on TV fell from 34 per cent to 33.4 per cent over this period. However, the proportion of women who have a paid-up club membership has risen from 3.1 per cent to 3.6 per cent, and the proportion who attend AFL matches has risen from 9.8 per cent to 10 per cent. Meanwhile, the proportion of women who play Australian Rules football has fallen from 1.3 per cent to one per cent since 2012.

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ROY MORGAN RESEARCH LIMITED, AUSTRALIAN FOOTBALL LEAGUE, FREMANTLE DOCKERS FOOTBALL CLUB, SYDNEY SWANS FOOTBALL CLUB, HAWTHORN FOOTBALL CLUB, PORT ADELAIDE FOOTBALL CLUB, WESTERN BULLDOGS FOOTBALL CLUB, BRISBANE LIONS FOOTBALL CLUB, ST KILDA FOOTBALL CLUB, WEST COAST EAGLES FOOTBALL CLUB, COLLINGWOOD FOOTBALL CLUB, GEELONG FOOTBALL CLUB

Australia’s most gender balanced sports and activities

Original article by Roy Morgan Research
Market Research Update – Page: Online : 2-Jul-15

A Roy Morgan Single Source survey, which was carried out in the year to March 2015, has identified Australia’s 10 most gender-neutral sports and activities, with almost equal proportions of female and male participants. They are boxing, hiking/bushwalking, marathons/running, ten pin bowling, gym/weight training, jogging, triathlons, rock climbing/abseiling, snorkelling/skin diving and field hockey. These sports or activities have participant ratios within 4% points of the female:male population norm of 50.7%:49.3%.

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ROY MORGAN RESEARCH LIMITED

Change laws to boost women’s super: ASFA

Original article by Nassim Khadem
The Australian Financial Review – Page: 24 : 13-Nov-14

It is estimated that men have an average of $A197,000 in their superannuation fund upon retirement, compared with just $A105,000 for women. The Association of Superannuation Funds of Australia (ASFA) has proposed relaxing discrimination laws to permit higher employer contributions to female employees’ super accounts. The ASFA also proposes scrapping the superannuation guarantee income threshold, which is currently set at $A450 per month

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THE ASSOCIATION OF SUPERANNUATION FUNDS OF AUSTRALIA LIMITED, CHALLENGER LIMITED – ASX CGF, COLONIAL FIRST STATE GROUP LIMITED, VICSUPER PTY LTD, RICE WARNER ACTUARIES PTY LTD, AUSTRALIA. SEXUAL DISCRIMINATION COMMISSION

More Aussie women getting sporty

Original article by Roy Morgan Research
Market Research Update – Page: Online : 22-Oct-14

A Roy Morgan Single Source survey has found that 22 per cent of Australian women aged 14+ jogged regularly or occasionally in the year to June 2014. This compares with just 15 per cent in the year to June 2010. The number of women who participate in yoga has risen from 9.4 per cent to 14.4 per cent over this period, while participation in cycling has risen from 11 per cent to 16 per cent

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ROY MORGAN RESEARCH LIMITED