Minister for Women, Senator the Hon Katy Gallagher said that global experience has shown this transparency encourages organisations to take action to close the gender pay gap in their workplace.
“On average, women working full-time can expect to earn 14.1 per cent less than men per week in their pay packets,” said Gallagher.
The Workplace Gender Equality Amendment (Closing the Gender Pay Gap) Bill 2023 will be introduced today as it delivers on Labor’s election commitment to close the workplace gender pay gap.
Drawing on data already provided by employers, reporting will commence in 2024 and companies’ gender pay gaps will be published on the Workplace Gender Equality Agency website.
Source: Labor delivers legislation to help close the gender pay gap