A UQ research report has revealed Australia is only 1 of 3 countries to exceed 30% of women on top listed ASX200 boards without legislated quotas.

The research shows a jump from 8.3% of women on boards in 2008 to 33.6% percent in 2021, a rise of about 2% each year.

The research is encouraging, showing Australia is leading the progress for women on boards internationally despite the challenges women still face for gender parity.