Overview
- Australia’s 10th Gender Equity Insights report finds only 27.3% of organisations meet the 40/40 workforce balance benchmark.
- Balanced executive teams are linked to up to a 12% boost in company value, worth roughly $93 million on average for a $1 billion ASX-listed firm.
- Western Australia’s mining industry shows one of the lowest gender-balance rates with almost no improvement over the past three years, as construction and utilities also lag.
- Leadership progress trails workforce gains, with only one in four employers reporting balanced leadership teams and female CEO/executive representation flat near 25%.
- Employer-level gender pay gaps are now published and large employers must meet or show improvement on targets over three years, with the report urging actions on retention, profit-and-loss pipelines, flexible leadership and redesigned entry pathways.