Australia: ANZ Bank contributes an additional AUS$500 p.a. to the pension pots of permament employees with vaginas.

Well, it’s the annual farce that is International Women’s Day, we thought we’d mark it with a story which reminds us about the true direction of travel of ‘gender equality’. Our thanks to John, from Australia, who sent this earlier today:

Hi Mike, greetings from Australia! I am a huge fan and take great pleasure in hearing you raise awareness about boy’ and men’s issues and also debunking feminist myths.

Recently my employer ANZ, the fourth largest bank in Australia, have started the ‘Equal Future’ campaign and have released an ‘ANZ Women’s Report’ which shamefully gives life to the lie which is the gender pay gap, failing to make mention of the gap coming down to women’s choices.

A step they have taken to bridge this so-called ‘gap’ is deciding to pay female staff an additional $500 in superannuation annually. Let’s put that into perspective. I, a part-time male permanent worker, will receive $500 a year less in superannuation than my female co-worker for doing the exact same work, purely on the basis that I’m a man and she’s a woman.

I find it comical that in your dealings with feminists they cannot highlight one example of women being paid less than a man for doing the exact same work, but here we have an example of the exact opposite, men getting paid less than women. Below are some links of the campaign which I think you will find interesting and amusing, including an extremely cringeworthy nationwide ad campaign they have released. Kind regards, John.

The start of the article when you click on the first link:

When you look at today’s superannuation system, you can see it wasn’t designed with the specific needs of women in mind. [The specific need to enjoy the same pension as men, despite working less hard.]

Based on the latest data, the average woman retiring now has around half of the average man’s super balance.1

One of the main reasons for this is that, on average, women earn less than men, and because super is a percentage of your salary, that means less super. [The reason that women earn less than men, on average, is that women work far fewer hours than men over a lifetime, and are less inclined to put in the time and effort men do, to reach the more demanding and stressful higher-paid positions. But we don’t want to trouble you any more with silly facts, so let’s move on.]

Women also tend to spend more time out of the workforce, and are more likely to work part-time to care for family, which again means less money for super. [Women are more likely to work part-time even if they’re not caring for families, but never mind, we’ll throw a pot of money at those women, too. After all, they have the main qualification required for special treatment, vaginas.]

Doesn’t really seem fair, does it? And it’s even worse when you consider that women retire earlier and live longer than men. [How unfair that women retire earlier!!! Hopefully women in general, and feminists in particular, are campaigning against this vile patriarchal iniquity?] This means they’re likely to need more super for a comfortable retirement.

ANZ believes it’s important to help women bridge this gap in retirement savings and has announced two initiatives to help its female employees build stronger superannuation balances:

1. ANZ will make an additional $500 super contribution to every fixed-term and permanent female employee each year from 8 January 2016

2. ANZ will make super contributions to all employees for any period of paid and unpaid parental leave an employee may take from 1 October 2015.

Joyce Phillips, ANZ Wealth CEO, says “these initiatives are all about supporting the future financial wellbeing of our staff who have vaginas”.

I may have added three words at the end there, but you get the picture, which can be summarised as:

It’s bad if men are paid more than women for doing the same work.

It’s good if women are paid more than men for doing the same work.

About Mike Buchanan

I'm a men's human rights advocate, writer, and publisher. My primary focus is leading the political party I launched in 2013, Justice for Men & Boys (and the women who love them). I still work actively on two campaigns I launched in early 2012, Campaign for Merit in Business and the Anti-Feminism League. In 2014 I launched The Alternative Sexism Project, aiming to raise public understanding that the sexism faced by men and boys has far more grievous consequences than the sexism faced by women and girls.
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  • William Gruff

    ‘ … it wasn’t designed with the specific needs of women in mind.

    That ‘specific need’ being to live at the expense of men where they aren’t eitehr sufficiently attractive or devious to live at the expense of a man.

    I hope that those men who have been sexually discriminated against by this move challenge it in the courts using the laws intended to prevent such outrages.