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Green’s super tokenism will do nothing to increase women’s superannuation : Comments
By Matthew Taylor, published 5/12/2014According to the latest ABS statistics the average super account balance in 2011-12 for women was $44,866 compared to $82,615 for men.
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Posted by PaulMurrayCbr, Saturday, 6 December 2014 10:47:00 AM
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Matthew, when have the greens done anything that relied exclusively on logic's rites or reason; or even just good old fashioned common sense?
Rhrosty. Posted by Rhrosty, Saturday, 6 December 2014 11:55:24 AM
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Put your super in a very safe place. The share market is a gigantic bubble and our banks are about to offer Bank Bonds to our super funds to shore up their gambling in derivatives. The derivative market is 10 times the GDP of the planet. See James Rickards, 'The Death of Money' http://www.youtube.com/watch?v=KYW5OGWfqJc
Posted by Arjay, Sunday, 7 December 2014 7:33:01 PM
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Why do men make more than women? Because we have to.
Why do women make less than men? Because they can.
The whole question of net income is a red herring. When you look at spending - aka: "how much money a person actually has", women outstrip men by a considerable margin. Particularly when you ignore the top few percentiles of the very rich - as always, a median tells you much more than a mean when the distribution is uneven.
How is this possible? The question answers itself.