Level 4, 10 Moore St, Canberra ACT 2601
+61 2 5123 6700

Media release: Go8 Summit addresses ICT workforce shortage

August 26, 2022

Australia’s leading research-intensive universities are spearheading a drive to boost the number of high-value IT and Computer Science graduates, underpinned by research led experience.

As part of a long-term strategy to address Australia’s workforce needs, the Group of Eight (Go8) is bringing together industry, university, and government stakeholders to identify the challenges which are acting as a handbrake on growth in this critical area of the workforce.

The Go8 IT and Computing Workforce Summit will provide recommendations to the Minister for Industry and Science Ed Husic to inform discussion at next week’s National Jobs and Skills Summit.

Go8 CE Vicki Thomson said meeting the Government and industry agreed objective of 1.2 million tech jobs by 2030 will require effort from all stakeholders – industry, business, universities and vocational education and training.

“Our focus, as the universities which educate 42 per cent of Engineering and 23 per cent of ICT students is very much on ensuring there is a strong, reliable long-term supply of graduates for roles that are increasingly high-value, high wage and will not be addressed solely by VET.

“The role of research is also critical in underpinning the education of our students. 

“The pandemic has delivered shocks to supply chains and other aspects of our economy. The nature of work and skills needed for Australia to remain economically competitive has changed and there is an unprecedented demand for a high skilled IT enabled workforce, requiring a university bachelor degree or higher.

“We can all agree that there is a desperate shortage of IT professionals now, and that sustainable development of our economy and society requires exponential growth in future supply. This supply will need to be met from several sources.” 

According to the Tech Council of Australia job vacancy rates are 60 per cent higher than the national average and industry projections to reach 1.2 million tech jobs by 2030 will mean Australia needs an extra 653,000 by the end of this decade. To meet this need, the number of university and VET graduates will need to increase by a further 42,000 to 2030.[1]

“The Go8 is well placed to deliver the highly skilled technology-enabled workforce Australia needs for the future.”

Participants in today’s summit include representatives from IBM Australia, Telstra, Oracle Labs Australia, Google Research Australia, Raytheon Australia, BAE Systems, Lockheed Martin and Accenture Consulting.

Contact: Vicki Thomson, Group of Eight Chief Executive on +61 438 047 155

[1] Tech Council of Australia/Accenture (2022), ‘Getting to 1.2 million: our roadmap to create a thriving Australian tech workforce’.