Australian women retire with 37 per cent less super than men

The statistics agency has released its annual report on the differences between men and women in Australia, a week after Labor announced new policies to close the ‘super gap’.

Australians are increasingly concerned about how much they'll be left to retire with once the pandemic is over. Source: Blend Images

Women are reaching retirement age with around 37 per cent of the superannuation savings of men, new data from the Australian Bureau of Statistics reveals.

Women aged between 55 and 64 have an average of $196,000 in the bank, compared with $310,000 on average for men.