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Speaker 1: Ever, due for Celan gender pay gap has fallen three

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Speaker 1: percent in the year to journe. This is according to

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Speaker 1: Stats and Z Data just out. Brad Olsen is Infametrics

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Speaker 1: principle economist and with us Hello Brad.

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Speaker 2: Good evening.

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Speaker 3: What's caused the fall?

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Speaker 2: Well, I think we're seeing a few things coming through.

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Speaker 2: In general, there's been quite a number of industries that

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Speaker 2: have seen a number of higher pay numbers for female employees,

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Speaker 2: so that's been a big change. You've seen some quite

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Speaker 2: large increases across the likes of the transport sector, information

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Speaker 2: technology finances, so there have been some genuine changes there.

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Speaker 2: We've also seen continued larger pay increases for a number

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Speaker 2: of quite large female dominated industries, the likes of education

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Speaker 2: and health as well. Those have helped to contribute to

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Speaker 2: the fall. This is one of the most statistically significant

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Speaker 2: fools we've seen in the gender pay gap, down to

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Speaker 2: five point two percent. Previously it was eight point two.

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Speaker 2: That is a big shift and I think that's really

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Speaker 2: coming through as You've seen a number of these changes

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Speaker 2: in pay over time, so it's not all of a

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Speaker 2: sudden things have changed. You've had a build up of

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Speaker 2: changes that have now started to hit the numbers.

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Speaker 3: Can we relax now and stop talking about it? If

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Speaker 3: it's only five percent?

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Speaker 2: I don't think anyone will be comfortable with that now.

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Speaker 2: To be fair, there's a lot of various measures that

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Speaker 2: come into the gender pay gap that can be a

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Speaker 2: bit of a blunt instrument because we know that there are,

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Speaker 2: of course differences in the type of women are, type

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Speaker 2: of work that different women are involved with, and men

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Speaker 2: as well. But at five point two percent, it still

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Speaker 2: doesn't feel comfortable, given that there is a difference, and

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Speaker 2: certainly when you look at some of the types of

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Speaker 2: work that's done, it does seem like we need to.

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Speaker 1: Continueing there will always be a difference as long as

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Speaker 1: women are the ones popping out the babies and staying

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Speaker 1: home to breastfeed.

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Speaker 3: There will always be a difference, won't.

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Speaker 2: There well, especially because that one isn't even really considered

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Speaker 2: as well in the gender pay gap. But yes, I

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Speaker 2: don't think just because there might always be a challenge though,

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Speaker 2: that we should not address that. We've got to continue

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Speaker 2: to work on it, and given we've got some momentum here,

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Speaker 2: clearly it should be the sort of thing that we

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Speaker 2: continue to work on. One area where we haven't made

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Speaker 2: as much progress is the ethnic breakdowns of the gender

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Speaker 2: pay gap, and I think that's an area that we

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Speaker 2: continue to need to look at, only because clearly, if

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Speaker 2: we're doing work, everyone should be paid similarly for that

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Speaker 2: work that's done.

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Speaker 3: Okay, Brad, Thank you so much. Brad Olson, Infametrics Principal economist.

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