INTHEBLACK April/May 2024 - Magazine - Page 9
68.4%
40%
The overall Global Gender Gap
score in 2023 for 146 countries.
Board seats that are filled
by women across the top
20 ASX companies.
Source: World Economic Forum’s
Global Gender Pay Gap Report 2023
22.8%
15%
Australia’s total remuneration
gender pay gap.
Source: Workplace Gender Equality Agency
$128 BILLION
ASX 300 companies
that have either no
women or only one
woman on the board.
The cost of gender inequality in Australia.
Source: Women’s Economic Equality Taskforce final report
22%
The percentage of companies that
globally publish their gender pay gap.
24%
CFO positions in Hong Kong that are
filled by women – a figure significantly
higher than the global average of 15%.
Source: Equileap
Source: Gender Diversity Progress
Report: March 2023 to June 2023
CASH FLOW MATTERS FOR SINGAPOREAN SMES
In the face of rising costs, small
businesses in Singapore are using their
savings to keep their business afloat,
according to Xero’s August 2023 report,
Money matters: Navigating the impact
of economic conditions on the cash flow
of Singaporean small businesses.
The report shows that 31 per cent
of Singaporean small business owners
have not been able to pay themselves,
while 19 per cent have used their personal
savings to bolster the business.
In the 12 months to August 2023,
83 per cent of small businesses say cash
flow issues have affected their ability to
grow, hire new staff and make investments.
Despite the challenges, there is also
a sense of optimism, with 81 per cent
saying they feel at least reasonably
upbeat and reassured about their financial
wellbeing. A further 40 per cent say they
feel confident and secure.
Read the report
intheblack.cpaaustralia.com.au 9
