If it is the case that women are paid less for comparable work, I agree.
According to the article you linked, it is true. I don't live in Australia and am not good at accessing data pertaining to various demographics there. I took the statement in the article you linked as true.
Yes. But this does not help out a 50 year old woman who has been working for 25+ years earning less than her male counterparts because she is female. The extra funds will help middle aged women and those nearing retirement be able to provide for themselves after they retire, rather than live in poverty (which rate is higher for women than for men in Australia).
ANZ's little 'bonus' was not for women 50 and older. It was not for people near retirement. It is for women who have less than $50,000 in super, which is, in fact, likely to be younger women who simply haven't been in the workforce as long and who never faced the barriers that older women did.
That may be true but it doesn't seem to be the case in the article you linked as it specifies some women, not all women. To know would require data which I do not have.
What do you mean by 'recognise'? "Not in the labour force" means someone is not in paid work. It does not mean that I think that unpaid work is worth nothing.
How should it be compensated, then?
I'm saying that work is work. Unpaid work such as providing care to the young, sick and elderly needs to be recognized as valuable and those who engage in it should not face a serious financial penalty for providing this care (and relieving society of the cost of hiring someone to do it).
You don't really believe this, do you? If I were a CEO on a million dollars a year, and I took indefinite leave to personally take care of my frail-aged mother, do you think the company should continue to pay me a million dollars a year to do that?
I doubt that many people get to be million dollar a year CEOs by having the compassion or desire to raise children or care for aging relatives.
More to the point, certainly I believe there should be a reasonable cap on compensation for extended family leaves. Cap would be a dollar amount and not a percentage amount.
Men to tend to do whatever they like. And are rewarded for it.
Given the serious financial penalties for child rearing and caring for sick and elderly family members, I would disagree that men are not facing a gun to their heads when it comes to choices re: work/life balance.
If a couple decide that one of them is going to be the primary breadwinner and the other is going to be a primary carer, that's for them to decide between them. It's certainly the case that most jurisdictions will split financial assets fairly evenly (no matter who did the paid work) in the case of divorce or separation.
Splitting assets acquired during a marriage is not the same thing as ensuring that those who take extended leaves to care for family do not fall into poverty for having shown compassion and caring by doing so.
I thought you were against spousal support?
And why should the family alone bear the cost? Doesn't society pay a larger cost for elderly who are not cared for by family? For children who are not cared for adequately? Doesn't society as a whole benefit from a structure that ensures that all receive adequate care and that any individual does not pay too great a cost for taking care of family as needed? If society as a whole benefits from happy, healthy citizens and having those who are very young, frail or very old cared for, then society as a whole should help bear the cost.
If your point from the beginning is that the bank was being disingenuous about adequately compensating a class of workers who had faced discrimination and penalties in the work place, then I would be not aghast at your suggestion that any corporation was disingenuous about anything.
Are there no single mothers in Australia? No women who need extended family leaves to care for their ailing spouse? No single women (or men) caring for elderly parents?