Chief Executive Women (CEW) welcomes the passing of the Workplace Gender Equality Amendment (Closing the Gender Pay Gap) Bill 2023, a vital step forward to enable women and to advance gender equality in Australian workplaces.
CEW Policy and Engagement Committee Chair Pauline Vamos said:
“CEW welcomes this important reform, which will improve transparency and accountability through public reporting on the gender pay gap at an organisational level. Evidence in Australia and globally shows that public reporting can lead to greater corrective action to close the gender pay gap.
“The Closing the Gender Pay Gap Act is a turning point for Australia, a vital step forward that shows that women can and should play an equal role in workplaces and the economy. It’s good for women, our economy and for all.”
CEW has long advocated for reform to improve transparency and accountability required to close the gender pay gap. CEW calls on all industries to take action to support women’s economic participation. This includes setting and measuring targets for women in leadership positions, to ensure better representation of society at decision-making tables. In addition, organisations must provide flexible work and caring options for all employees to enable women of all ages to participate in the workforce.