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Home / Business / Companies / Banking and finance

Jane Campion gets onboard ANZ pay campaign

NZ Herald
3 Aug, 2015 02:27 AM2 mins to read

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Award-winning New Zealand film maker Jane Campion has directed an ANZ short film highlighting gender pay inequality.

Award winning Top of the Lake film maker Jane Campion has directed an ANZ Bank campaign highlighting gender wealth disparity.

ANZ last week said it would keep contributing to the KiwiSaver accounts of staff members who went on parental leave in a bid to help what it said was an increasing gender gap for women's retirement savings.

New Zealand's largest bank, which is also the largest KiwiSaver provider, said from October it would continue to pay the employer contribution of KiwiSaver for both men and women while they take time off to have a family.

Read also:
• Why women are $60k behind men on retirement savings
• Film Commission offers scholarship programme for women

During Campion's one minute, 40 second made-for-social-media film, young girls read out statistics highlighting women's career, pay, education disparity.

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"Globally, less than 25 per cent of senior management roles are held by women."

"Women represent 40 per cent of the world's labour force, but control only a quarter of the world's wealth."

"31 million girls worldwide are still denied a primary education."

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The film also features a fierce display from 8-year-old Japanese black belt Mahiro-chan Takaho.

8-year-old Japanese black belt Mahiro-chan Takaho features in Jane Campion's one minute, 40 second, made for social media film.
8-year-old Japanese black belt Mahiro-chan Takaho features in Jane Campion's one minute, 40 second, made for social media film.

ANZ spokeswoman Ana-Marie Lockyer said they were aware of a growing gap between women and men's retirement outcomes and KiwiSaver balances and where they were heading.

"It's not just a New Zealand problem, it's a global problem."

"The film by Jane Campion was commissioned with our global colleagues with that in mind.

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"Jane comes from an industry where it's pretty similar. I think only one in nine award-winning directors are female - she's hugely passionate about this herself."

Lockyer said ANZ would also donate $1 to an international women's development charity for every social media post featuring the hashtag #equalfuture, up to a maximum of AU$100,000 (NZ$110,886).

ANZ's announcement last week was made after it revealed research which claimed Kiwi women were likely to retire with $60,000 less than their male counterparts.

Under New Zealand law employees can apply to take up to a year off on parental leave each time they have a baby.

During that time people typically put their KiwiSaver contributions on hold meaning they are not eligible to receive their employer's contribution and may also miss out on the Government's $521 annual contribution if they don't top up the account themselves.

See a behind-the-scenes video here:

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