Vidhya CK

Superannuation Boom: Australian Super Funds Expand Overseas Holdings

"There's AU$4.2 trillion of members' money under management in superannuation," Mary Delahunty, chief executive of ASFA, said. "That makes Australia one of the top investors in the world." Within the next five to seven years, Australia is expected to surpass the U.K. and Canada, making it the second-largest pool of capital globally.

Australia's Gender Pay Gap: Why Women Still Earn Significantly Less Than Men

According to the Workplace Gender Equality Agency, nearly three-quarters of Australian employers still pay men more than women. For the 12 months leading up to March 2024, women earned on average AU$28,425 less than their male counterparts. This means that for every dollar a man earns, a woman earns only 78 cents.

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