ISA advocacy director, Georgia Brumby said: “It is time we bridged the gender super gap, it’s not right that women retire with balances persistently lower than what they need for an adequate retirement.
“Politicians have a choice they can fight for a super increase and to get super paid on every dollar earnt or turn their back as more women risk retiring into poverty.
“Jane Hume, as both the super minister and the minister for women’s economic security, has an opportunity to show real leadership and re-commit to boosting the super savings of women everywhere.”
ISA said the median super balance for a woman in her early 60s was $146,900 compared to men with $204,200, and both genders had less than the $545,000 recommended for a comfortable retirement.