The Turnbull Government released the Gender Balance on Australian Government Boards Report 2015-16, which shows the Coalition has achieved its target for getting more women onto government boards.
Minister for Women, Senator the Hon Michaelia Cash said the proportion of female board directors has increased from 39.1 per cent at 30 June 2015 to 40.5 per cent at 30 June 2016, exceeding the 40 per cent target for 2015-16.
“The report shows that a concerted effort by Government to increase female representation on government boards is translating into meaningful results,” Minister Cash said.
Women comprised 46.5 per cent of new appointees over 2015-16, up 8 per cent from 2014-15. Encouragingly, the report also showed the number of women holding Chair and Deputy Chair positions has risen to 32 per cent.
Minister Cash said she was pleased with the report’s outcomes but stressed the Government’s efforts to increase female representation on boards was set to continue in earnest.
On International Women’s Day this year the Turnbull Government announced an ambitious new target of women holding 50 per cent of Government board positions overall, with men and women each holding at least 40 per cent of positions on individual boards.
“While we are pleased to have exceeded our target, the Government is not complacent. We have now set a new more ambitious overall target of 50 per cent,” Minister Cash said.
“This is the most ambitious target the Government has ever set.”
For further information or to view the Report, the Minister for Women’s media release can be found here.