Men twice as likely as women to earn $120,000 a year

Despite the steady downward trend in the gender pay gap, it's closing at a very slow rate of just 0.5% in the last year. The new gender equality scorecard shows men are twice as likely to be highly paid than women, on a salary of more than $120 thousand a year.

Source: Press Association

The professional, scientific and technical sector has one of the highest gender pay gaps, at nearly 25 per cent.  Only the construction and financial services industries have a higher pay gap.  According to statistics, pay gaps still exist across 19 industries, including in sectors where women make up most employees, like in healthcare and social assistance. On average, Australian women earned $25,800 less than men in the last financial year, and men are twice as likely to be highly paid than women.