Drawing on new WGEA data, voluntarily reported for the first time in 2020-21, the analysis finds Australia’s gender pay gap would fall from an estimated 23.3 per cent to 15.6 per cent if a 40:40:20 gender concentration – 40 per cent women, 40 per cent men and 20 per cent any gender – was achieved across all industries and occupations.
WOB has been advocating for, since 2006, an increase in the number of women on boards and in leadership roles to achieve a 40:40:20 gender balance.
Download the full REPORT HERE