The Financy Women’s Index powered by Data Digger is the country’s first and only Index which tracks and benchmarks the economic progress of Australian women on a quarterly basis.
The Index is all about inspiring women through insights to live courageously and confidently – to be fearless.
Now into its second year of reporting, the Women’s Index is supported by an Advisory Committee, which includes high profile economists, who review the report on a quarter basis and advise on its fine tuning.
The Financy Women’s Index differs from other economic measures, such as official wages and jobs data, because it focuses on women, whereas most of the headline data reported in the mainstream press reflects an average for the Australian population, but these figures are skewed towards male outcomes as a result of a male dominated workforce.
The Index is designed to highlight trends among working women; from the courses they study once they leave high school, to what industries they work in, their earnings and savings in superannuation, through to those occupying top company board positions.
The Index is based monthly, quarterly, biannually, and two-yearly data and methodology from the Australian Bureau of Statistics (ABS), the Australian Securities Exchange (ASX), the Australian Tax Office (ATO) the Australian Government Department of Education and Training, and the Australian Institute of Company Directors (AICD).