ACS Australia's Digital Pulse 2015

This report provides in-depth findings on the state of Australia's digital economy, the economic benefits of skills investment and the importance of tax reform in attracting global tech talent. 

Rapid growth and increasing demand for technology skills

The Australian digital economy has experienced significant growth, contributing $79 billion in 2013–14 compared to $50 billion in 2011. This trend is expected to continue as digital technologies reshape industries and occupations. With over 600,000 technology workers in 2014, more than half of them are now employed in sectors beyond technology itself. The evolving role of technology is also evident in education statistics, where technology graduates pursue careers in diverse fields. To fuel further economic growth, Australia needs a digitally skilled workforce capable of combining computational thinking, business analytics, and design thinking for innovation. While Australia boasts high digital technology usage, there are still gaps in technology capabilities, including a shortage of specialists and lower R&D investment compared to other OECD countries. The demand for technology workers is projected to grow by 100,000 over the next six years, emphasizing the integration of technology across industries and the need for increased technology skills and qualifications.