The Albanese government's employment white paper, to be released on Monday, is the product of 12 months of work following the 2022 jobs and skills summit.
It will show roughly 62.5 per cent of women participated in the labour market in August 2023, the highest rate on record, thanks to changing social attitudes, increased education opportunities and the growth of the formal care economy.
Minister for Women Katy Gallagher said gender equality was a priority for the government.
"Improving women's workforce participation is critical for Australia's future economic prosperity and resilience," she said in a statement.
However, the gender pay gap remains present across every industry.
Male-dominated STEM fields, specifically machinery and equipment repair, had the largest pay gap at 24 per cent, which meant women were paid $34,000 less each year.
Women in gas and oil were paid about $63,000 less per year with a 22 per cent gap.
Even in female-dominated industries like health care and social assistance, women were paid 21 per cent less.
The government hopes to address the pay gap by creating gender balance across every industry and occupation, increasing the share of men in health care and education and encouraging women to work in construction, mining, manufacturing and other male-dominated sectors.
Incentives for women to enter the workplace include childcare subsidies and improved parental leave.
Australia still has one of the lowest rates of employment for single mothers in the OECD.
Half of single mothers with a child under five participate in the labour market compared to 70 per cent of partnered mothers and 90 per cent of all fathers.
Senator Gallagher said future policies would be outlined in the government's national strategy to achieve gender equality due in 2024.
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