Australia is lagging other nations when it comes to the representation of women in senior business positions, according to a new study.
The Australian Bureau of Statistics said that just 3.5% of ASX 200 businesses have a female chief executive, with women making up just 12.3% of board directors, although this is up from 8.4% in 2010.
Get business news first
Sign up to SmartCompany’s daily newsletter
Asia set to dominate by 2030
Asia will become more powerful than North America and Europe combined over the next two decades due to soaring economic and technology development, a new report predicts.
The Global Trends 2030 report says that China will overtake the USA as the world’s leading economy in the 2020s, with India becoming the next fast-growth economic powerhouse.
The study also found that 60% of the world’s population will live in cities by 2030 and that food and water shortages could lead to increased numbers of conflicts.
NBN take-up lags, report claims
The $37.4 billion National Broadband Network is reportedly running behind schedule, with nationwide take-up rates standing at just 15%.
According to The Australian, just a quarter of homes that have had access to the NBN for a year or more have actually adopted the service.
The Dow Jones Industrial Average rose by 0.57% to 13,244.41. The Australian dollar was steady at US104.79 cents.