Australia's Gender Pay Gap Narrows to 11.2%

0:00It's March 2nd, here's your Sydney news in two minutes. Australia's latest gender pay data shows progress, with a national gap narrowing to 11.2 percent. That means women earn about 88.8 cents for every dollar men make. The figures come from more than 10,000 employers covering 5.9 million workers, and it's down almost 1 percentage point from last. Year. Most companies improve their gaps over the past 12 months, and now anyone can check the public data plus their plans to fix issues. Total pay including bonuses and overtime drives, the average, highlighting differences across roles and industries. Factors like women and part-time jobs, fewer bonuses, and family leave play a role, but industry segregation is huge. Construction has the widest gap at 23.8 percent, mostly male dominated with women clustered in lower pay bans. Care sectors face the opposite, needing more men to meet future demand. Some standouts have massive gaps, like health clinics and laser hair removal services, topping the list at over 60 percent in spots.

1:07Banks hover around 17 to 21 percent, while super funds vary, with rest at 9.6 percent leading the pack. Meanwhile, 244 employers skip reporting, including brands like Adidas and some McDonald's franchises. Officials stress theverse team's boost productivity, urging more balance across all fields. The Daily News Now is grateful to our sponsor for today's episode. Layback, press play, let the pillow do the rest. Sound meets comfort, S-O-L-I, solelypillow.com.