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For years women have been banging up against the glass ceiling, but new figures reveal another problem — Australia's gender wealth gap has guyy sharply over the past decade leaving single young women with a little over half the average assets of their male counterparts.

The findings mean that both the gender wealth gap and the gender pay gap have been rising in recent years.

The earnings advantage for an average full-time Poor guy rich girl in Australia worker over an average full-time woman reached The growing gender disparity in both pay and wealth comes despite a long-term rise in female workforce participation and strong growth in the proportion of women with tertiary qualifications. The Curtin University economists who conducted the Man seeking women in Mornington — Siobhan Austen, Rachel Ong, Sherry Bawa and Therese Jefferson said the main driver of the widening gender wealth gap was growth in the value of housing assets owned by single men.

Also, the debt held by single men recorded more modest growth which helped boost their their net wealth. Indeed, Auwtralia have trended upwards in the last decade. The gender wealth gap among mid-age singles years jumped from 4 per cent to 28 per cent between and although the disparity among older single households over 55 narrowed from 16 per cent to 2.

Why do female breadwinners tend to have unhappy marriages? Kwinana, Launceston, Caringbah, Albury

Associate professor Austen said a growing gender wealth gap had major implications for the standard of living that men and women can Auetralia in retirement. Helen Conway, director of the federal government's Workplace Gender Equality Agency said it Austrxlia concerning to see increasing gender inequalities in both the gender pay gap and the distribution of wealth.

To calculate the gender wealth gap the researchers compared the net wealth of Therapy massage Maryborough male households and single female households using the highly respected Household, Income and Labour Dynamics in Australia Survey. Widows and widowers were excluded, because their wealth was likely to reflect a couple's accumulated assets over time. More single female headed households have children than single male headed households and this might have constrained women's Poor guy rich girl in Australia in the property market and the types of housing they can purchase.

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The Sydney Morning Herald

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