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The gender pay gap has fallen to its lowest level on record (again)

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Australia’s gender pay gap has dropped to 12%, its lowest level on record, according to the latest data from the ABS.
gender pay gap feb 2024

Australia’s gender pay gap has dropped to 12%, its lowest level on record, according to the latest data from the Australian Bureau of Statistics.

This is the third time in a row the gender pay gap has fallen.

Over the past year, women’s incomes have grown by an average of 5.5% compared to a 4% increase in the average earnings of men.

What is the gender pay gap?

The gender pay gap shows the difference between the average full-time earnings of women and men across the workforce. It doesn’t refer to men and women being paid differently for the same job.

There are several different indicators that the ABS uses to measure the gender pay gap. The one that came out today is based on average earnings for full-time adults, which it says is the most commonly cited of gender pay measures.

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