Australia closing in on gender pay parity but more work needed to empower women in Asia
- Asia continues to have some of the widest gender pay gaps, with women facing deep-rooted obstacles to financial security or access to jobs
- While efforts have been made to empower women in Australia, it is still behind neighbouring New Zealand, which has closed the pay gap to about 14 per cent
However, in the Asia-Pacific, Australia and New Zealand’s pay gaps are among the smallest, according to the World Economic Forum (WEF).
Generally, Asia continues to have some of the widest gender pay gaps, the International Labour Organization (ILO) has found.
Many women in the region are also likely to be unpaid family workers, according to the ILO.
Within informal work economies – of which there are plenty in Asia – an accurate gender pay gap is hard to measure, according to Elizabeth Hill, a political economy professor who co-leads the University of Sydney’s research into equal pay and the gender pay gap.
“[But] we do know that women are more likely than men to be employed in the informal economy and that wages in this part of the economy are on average much lower than those received from formal employment,” she said.