The number of women leading Australia’s largest companies has risen from a dismal 5 percent in 2020 to 30 percent today. Even still, the country’s working women still face many challenges. There is a gender pay gap (13 percent), and a lack of support for childcare and other family support systems, including paid parental leave. These are the same challenges that women face in the U.S. despite study after study recognizing these barriers to gender equity in business.

Two steps forward for Australia is good news. But so many more steps forward are needed for equal representation and economic equity, and for families, communities, companies and countries everywhere to truly thrive.