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The inside scoop of the Real Estate Industry and other
interesting information.

Whether you are a sweet or savoury person, Easter has
something in store for everyone. Long weekend BBQ’s,
chocolate galore, hot cross buns and so much more…
We hope you all have a safe and enjoyable Easter! As it is also
school holidays we have included a colouring in competition for
the kids.

But for you we thought we would share some insight into
Equity and also the Gender Pay Gap - a very interesting read.

The Gender Gap

You probably know there’s a gender pay gap, but you
might get a shock when you know how badly that’ll affect
todays women when they reach retirement age. Dr
Ayesha Scott, of AUT, looks at the numbers.

After mid-November last year, women across New

Zealand were effectivity working the rest of the
year for free.

That’s because the country's gender pay gap sits at around 9.2 per cent, translating to women working for free for
around six weeks every year, compared to their male counterparts.
More devastatingly, this gender pay gap has huge implications for women's finances in retirement. So, how can
women set themselves up, to enjoy a more comfortable retirement?

The Retirement Gap

There is some good news for women, but is it really bad news? The good news is that women are living longer than
men, on average.
The bad news is they’ll be retired for longer, so they’ll need more money to fund those extra years.
Calculations by the Human Rights Commission say because women earn less than men, over a career that would
equal an estimated deficit of NZ$600,000.
If they’d put that amount into KiwiSaver, or invested it elsewhere, the deficit could be even higher in terms of lost
returns.