Australia will have 30% of boardroom posts in the ASX 200 group of companies filled by women by 2018, according to the latest figures.
The Australian Institute of Company Directors (AICD) said in a report that 58 of the 200 companies in the index now have women in 30% of roles. This compares with just 38 this time last year.
A statement from the AICD said: “This marks the first time that the ambitious target of 30% female representation on boards has appeared achievable since it was first set by the AICD in early 2015.”
The news comes in the AICD’s quarterly Gender Diversity Progress Report, undertaken by consulting group Mercer.
The AICD said: “However, one key message rings clear: maintaining momentum is key to achieving the target.
“The yearly average appointment rate currently sits at 30.9%; however should this drop to below 25%, the target will unlikely be achieved.”