Gender Pay Gap Employer Statement
Bank Australia believes a workplace culture that promotes equality, diversity and inclusion is critical for continued growth and success. Our goal is for our workforce to represent the varied cultures and life experiences of our customers and wider society, and for employees to champion our efforts to be a more diverse and inclusive bank.
Bank Australia’s 2023-24 average (mean) GPG is 17.6%, which is favourable relative to its WGEA Comparison Group 22.4% result.
In 2024, the Bank continued to employ more female staff (55%) than male staff (45%).
Bank Australia is committed to continuing to improve its Gender Pay Gap by ensuring pay equity across its workforce, and not discriminating based on gender, background or identity. Our recruitment process targets balanced gender representation for shortlisted candidates and interview panels, and at least half the interview panel are required to have completed the Bank’s Recruitment & Selection Training and Unconscious Bias Training. Every year, the Bank audits remuneration increases for potential gender gaps. This assessment considers factors such as performance, skill set experience and differences in roles. We have been doing this for 6 years and the number of required adjustments annually has reduced substantially.
