Financy Women's Index

The Women’s Index measures the progress of Australian women and gender financial equality

Download the report
Become a sponsor
Proudly supported by

Financial inequality is a major obstacle to the progress of women, families and future generations

About Financy Women's Index

How we’re tackling Financial Inequality

The Financy Women’s Index™ (FWX) is a quarterly measurement of the economic progress of women and time frames to gender financial equality in Australia.

The FWX provides a snapshot on equality across 7 critical areas and includes both drivers and indicators of progress.

The drivers are Education and Unpaid Work. The indicators are Unpaid Work (dual), Employment, Underemployment, Pay, Board Leadership and Superannuation.

The purpose of the Women’s Index™ is to help drive fearless discussion and action among women, men and key decision makers in the public and private sectors.

The Index is an independent initiative of Financy Pty Ltd, which is advocates for gender financial equality and provides the IMPACTER software to improve organisations performance on diversity, equity and inclusion.

The Index is supported by the FWX Advisory Committee members; Dr Shane Oliver, Simone Cheung, Prof Roger Wilkins, Dr Leonora Risse, Bruce Hockman, Rhiannon Yetsenga and Nicki Hutley.

The Index is proudly sponsored by NGS Super, the Ecstra Foundation, Aspire Planning, Seven Consulting, Bespoke Co and PritchittBland Communications.

Creative works are produced by We Are Why Pty Ltd.

Ultimately, the purpose of the Index is to help inspire women to live more courageously and confidently – to be Fearless.

Get full insights
Lastest Results

What do the latest results tell us about financial gender equality?

Australia is making significant progress towards financial gender equality, with the latest Financy Women’s Index (FWX) showing an acceleration in women’s board representation and gains in employment.

The FWX rose to 77.92 points in the March quarter, up from 77.53 points in December 2024, signalling broad-based improvement across key areas.

The March quarter delivered the largest increase yet in women occupying board positions. The FWX ASX 200 Leadership sub-index climbed to 76.8 points, driven by a 2 per cent increase in women on ASX 200 boards, now at 38.4 per cent.

Consequently, gender equality on ASX 200 boards is now projected to be just 4.9 years away, an improvement from 5.3 years a year ago.

 

Key Results

  • Progress to financial gender equality improved in the March quarter 2025 with the FWX up 0.5 per cent or 0.39 points to 77.92 points out of 100, compared to 77.53 points in the December quarter 2024.
  • Whilst the Index reading is the highest since June 2024, it’s 0.27 points lower than where it stood in the March quarter in 2024.
  • The biggest driver of progress was the number of women appointed to ASX 200 boards, which climbed to 38.4 per cent in the March quarter – the highest ever recorded.
  • The number of years it will now take to achieve gender equality on ASX 200 Boards has now broken through the 5-year mark at 4.9 years – the shortest timeframe of any the seven FWX sub-index areas.
  • The FWX today unveils an “Evidence-Based Wish List for Labor’s Next Term,” a suite of proposed reforms designed to hardwire gender equity into Australia’s economic and social fabric. These reforms are particularly relevant given recent geopolitical factors.

Financy Women’s Index by Quarter

Financy Women’s Index by Year

Years to Economic Gender Equality

The median timeframe to achieving total gender equality in Australia is 24 years. But the largest timeframe is 139 years based on progress rates in Education.

Sponsored by
PArtners

Past Reports

rhidavies (1)

Meet the FWX
Advisory Committee

The Financy Women’s Index is supported by an Advisory Committee, who believe in gender equality and the importance of measuring women’s financial progress. The Committee meets regularly to discuss the data findings and the best way forward for the Index to ensure it is as reliable and informative as possible.

The FWX Advisory Committee

Rhiannon Yetsenga

Manager Deloitte Access Economics
Rhiannon is a Manager in the Economic Analysis and Policy team within Deloitte Access Economics. She primarily works with clients in the Technology, Media and Telecommunications sector and leads Deloitte’s gender economics practice.

Dr Leonora Risse

Senior Lecturer in Economics at RMIT University

Leonora is an economist who specialises in gender equality. She is a Research Fellow with the Women’s Leadership Institute Australia and a co-founder of the Women in Economics Network in Australia. Her research focuses on evidence-based strategies to close gender gaps in economic outcomes.

Dr Shane Oliver

Chief Economist and Head of Investment Strategy at AMP
Shane has extensive experience analysing economic and investment cycles and what current positioning means for the return potential for different asset classes. He is also a highly sought after economics commentator for various media.

Nicki Hutley

Independent Economist
Nicki Hutley is a highly respected and sought after economist with a passion for social impact.
Simone Cheung

Simone Cheung

Partner in Deloitte Access Economics and leads the Health Economics and Social Policy team in NSW
She has over ten years of experience working in the intersection of government, private and the not-for-profit sector in improving health and social issues in Australia.

Bruce Hockman

former Chief Economist of the Statistical Services Group at the Australian Bureau of Statistics
Bruce has an economics degree from Adelaide University and he also did post-graduate studies at Macquarie University.

Prof Roger Wilkins

Deputy Director of the Melbourne Institute of Applied Economic & Social Research at the University of Melbourne
Professor Wilkins is also the Deputy Director (Research) of the HILDA Survey and produces the annual HILDA Survey Statistical Report.