Closing the pay gap and improving women's wages

Cook AP
Author
Improving workplace equality and wages for women through targeted legislative and policy reforms.
The Albanese Government has implemented several measures to address the gender pay gap, resulting in significant progress in workplace equality. Key achievements include banning pay secrecy clauses, establishing an equal remuneration principle, and introducing transparent gender pay gap reporting for employers with 100 or more workers.
Significant outcomes include:
Reduction of the gender pay gap to 11.5% (from 14.1% in May 2022)
Improved World Economic Forum Gender Gap Report ranking (from 43rd to 24th)
First-time publication of employer gender pay gaps in February 2024
Increased women's average weekly earnings by $173.80 since May 2022
Key Policy Interventions:
Banned pay secrecy clauses in employment contracts
Established gender equality as an objective of the Fair Work Act
Introduced mandatory gender pay gap reporting for large employers
Supported wage increases in feminised industries (e.g., aged care, early childhood education)

[1] https://ministers.pmc.gov.au/gallagher/2024/australia-continues-improve-2024-global-gender-gap-ranking
[2] https://www.weforum.org/publications/global-gender-gap-report-2024/in-full/benchmarking-gender-gaps-2024-2e5f5cd886/
[3] https://alp.org.au/news/albanese-labor-government-closing-the-gender-pay-gap/
[4] https://ministers.pmc.gov.au/gallagher/2024/budget-works-women
[5] https://ministers.dewr.gov.au/gallagher/pilot-program-drive-gender-equality-australian-workplaces
[6] https://www.theguardian.com/australia-news/2024/feb/27/gender-pay-gap-australia-katy-gallagher-matt-canavan-comments-peter-dutton