Closing the gap for women’s superannuation

Economics & Business Year 10 AC v9.0 50

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Introduction

In this activity, students interpret an article on the superannuation gender gap, explore reasons for this gap and actions that could be taken to close the gap. They also consider the importance of selecting appropriate super investment options to improve long-term financial outcomes.   

Achievement Standard

By the end of Year 10, students analyse how economic indicators influence Australian Government decision-making. They explain ways that government intervenes to improve economic performance and living standards. They explain processes that businesses use to manage the workforce and improve productivity. They explain the importance of Australia’s superannuation system and its effect on consumer and financial decision-making. Students analyse factors that influence major consumer and financial decisions, and explain the short- and long-term effects of these decisions.

Students develop and modify a range of questions to investigate an economic and business issue. They locate, select and analyse relevant and reliable information and data from a range of sources. They interpret and analyse information and data to evaluate trends and economic cause-and-effect relationships, and make predictions about consumer and financial impacts. They develop an evidence-based response to an economic and business issue. They evaluate a response, using appropriate criteria to decide on a course of action. Students use economic and business knowledge, concepts, and terms to develop descriptions, explanations and reasoned arguments that synthesise research findings.

Content descriptions

Economics and Business Knowledge and Understanding 

The importance of Australia’s superannuation system and how this system affects consumer and financial decision-making. (AC9HE10K04)

Economics and Business Skills 

Interpret information and data, explaining economic and business issues, trends and economic cause-and-effect relationships, and make predictions about consumer and financial impacts. (AC9HE10S03)

Create descriptions, explanations and arguments, using economic and business knowledge, concepts and terms that incorporate and acknowledge and research findings. (AC9HE10S05)

Student learning resources

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Article

Closing the gap for women's superannuation

 
Worksheet

Closing the gap for women's superannuation

Suggested activity sequence

This sequence is intended as a framework to be modified and adapted by teachers to suit the needs of a class group. 

  1. As a class, brainstorm the term ‘gender gap’ and what it might mean in terms of earnings and superannuation. 
  2. Students read the article and complete the worksheet. 
  3. As a class, discuss: 
    • reasons for the superannuation gender gap 
    • strategies to close the gap 
    • the importance of selecting the right investment option to improve long-term financial security.