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Founder of Learn to Trade, Greg Secker’s investment journey began with him working in IT on a trading floor supporting the largest currency trader in London. With no real knowledge of finance and a $5000 gift from his mother, Greg entered the trading game and joins the Nestegg podcast to discuss his journey to success.

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Having previously joined the show to share how he is making a full-time income in only a few hours a week, Greg Morgan also joins host David Stratford to share how Learn to Trade set him on the path toward financial success, and why mindset and positivity is key to success as a trader.

The pair will explain why the current climate is the perfect time to be trading, explain the 5-2-1 rule and why it is so important, and reveal what the best investors are doing to cement their success.

You can keep up to date with what Learn to Trade are up to HERE

Have an investment story to share? Get in touch at [email protected] and you might get featured on the next episode.

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Gender discrimination still driving force behind pay gap

By Cameron Micallef · August 22 2019

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Invest

Gender discrimination still driving force behind pay gap

By Cameron Micallef
August 22 2019

Reading:

Gender discrimination still driving force behind pay gap

By Cameron Micallef · August 22 2019

Reading:

A rise in gender discrimination is the biggest contributing factor to the current pay gap and accounts for nearly 40 per cent of the divide in pay, a new report has said.

A joint report from KPMG and the Diversity Council Australia, known as She’s Price(d)less, has found that the pay gap between men and women remains “stubbornly high”.

The report’s findings estimated that a combination of gender discrimination, caring responsibilities, work participation as well as occupational and industrial segregation is costing women $445 million each week.

That equates to $23 billion per year.

Libby Lyons, director of the Workplace Gender Equality Agency, said stereotypes continue to shape the working lives and potential earnings of women.

“At the heart of each of these factors are stubborn gender stereotypes about the roles women and men play in both paid and unpaid work and family and caring responsibilities,” she said.

While women’s role in unpaid labour is one factor, the difference in pay is also significant due to industrial segmentation of the workforce.

According to the report, the average hourly wage gap between males and females is $2.43, based on 2017 statistics.

The average woman is earning $31.14 per hour, compared with the average man’s hourly earning sitting up at $33.57.

The report also found that the gender pay gap differs across states and territories. As of November 2018, Western Australia had the widest gender pay gap at 23.1 per cent, while Victoria and South Australia had the smallest at 9.3 and 9.4 per cent, respectively.

KPMG Australia’s national chairman, Alison Kitchen, outlined that addressing of these barriers is critically important to the development of Australian society and national economic growth.

“Solving the challenge of Australia’s gender pay gap is not only fair and sensible, it’s an economically responsible endeavour,” she said.

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About the author

Cameron Micallef

Cameron is a journalist for Momentum Media's nestegg. He enjoys giving Aussies practical financial tips and tricks to help grow their wealth and achieve financial independence. As a self-confessed finance nerd, Cameron enjoys chatting with industry experts and commentators to leveraging their insights to grow your portfolio.