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2. Issued by H.E.S.T. Australia Ltd ABN AFSL , the Trustee of Health Employees Superannuation Trust Australia (HESTA) ABN
This information is current as at October While every attempt has been made to ensure the accuracy and reliability of the information, it is not guaranteed in any way. This information is of a general nature. It does not take into account your objectives, financial situation or specific needs so you should look at your own financial position and requirements before making a decision. You may wish to consult an adviser when doing this.

3. Unfinished business
The median super balance for a woman in the age group was $80,000 for women compared to $150,000 for men
A super gender gap of 47%
ABS prepared for AIST

4. HACS wages and wage growth - 4 years annualised
Super for some
HACS wages and wage growth - 4 years annualised
the gap between the HACS wages vs. over all Australian work force is evident with all median, average and 90th percentile wages below all industry levels
the growth in median wage is lower than the over all median wage growth, which means more HACS employees suffer the wage gap more today than in
the wage gap between the lower wage earner and higher wage earner is also increasing with the average and 90th percentile growth significantly higher than the median growth.
Source: HESTA Internal Analysis
Period: As at 31 December 2016

5. Girls girls girls
Average weekly earnings for health and social assistance workers
Source: Australian Bureau of Statistics (2013a) Average Weekly Earnings

6. The face of poverty
38.7%
HILDA data shows 38.7% of single women will retire in poverty.
Single elderly female households are at the greatest risk of persistent poverty.
70% of single women retire on the full age pension.
Melbourne Institute of Applied Economic and Social Research, The University of Melbourne, 2015

7. The drivers of inequality

8. The peril of a long life 85 years
A 25 year old woman now can expect to live on average 5 years longer than a man.
Her retirement savings have to last longer.
Life expectancy tables can be accessed at:

9. Being brave

11. Tinkering can help too

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