00:01Well, the good news is it is getting smaller.
00:03So the gap, the gender pay gap, is 11.2%.
00:07Now, this is the average of total remuneration,
00:09so all the kind of overtime and bonuses,
00:11and that's the midpoint.
00:13So most businesses, the middle of them, are at 11.2%,
00:16so half are better, half are worse.
00:18What that means is that, on average,
00:20Australian women are making $0.88 for every $1 that men make,
00:25but it has come down 0.9 percentage points in the past year.
00:29So we're heading in the right direction in this national data
00:32that covers 5.9 million women and men.
00:35The government's very happy with this current trend.
00:40We just heard from Minister for Finance Katie Gallaher
00:43discussing the result.
00:45When I look at the report and when I first read the report,
00:48it shows progress and movements in the right direction.
00:52I think there'd probably be plenty of views
00:54that it's not happening fast enough,
00:56but we are seeing consistent change in the right direction
01:02with the publication of each one of these reports,
01:05and I think the publication of this data
01:07is making very much a practical difference to that result.
01:13Katie Gallaher, Minister for Finance, discussing the result there.
01:16So we're seeing a positive trend.
01:18This is a really amazing set of data.
01:21It's available on the ABC website.
01:22You can look and see what the gap is at your employer,
01:25at your old employer, at your next employer.
01:27So it does provide a lot of transparency for Australian workers
01:30about what people are paid overall
01:32and then the gender gap within companies.
01:35We actually have in Australia
01:36insanely gender-segregated industries.
01:39So more than half of people, 53%,
01:42work in an industry that's dominated by either men or women.
01:46Now, we've seen some substantial changes
01:48which are flowing through in male-dominated occupations,
01:53such as construction.
01:54So in those sectors,
01:55we're successfully getting more women into them.
01:58These are better-paid sectors.
01:59These are sectors that have access to overtime and bonuses.
02:02So we're seeing that gender gap narrowing.
02:04What we're not seeing is as much movement
02:07in feminised industries,
02:08such as aged care and nursing and teaching,
02:12things like this.
02:12We're not getting as many men in there.
02:15As Mary Wildridge, the CEO of the agency
02:17that gets this data together,
02:19makes the point,
02:20when you're only recruiting from half of the population,
02:23you're not going to be able to meet
02:24the future care needs of Australia.
02:26So some really interesting data
02:27and some things to think about for corporate Australia.
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