An upsurge in technology across Australia is evolving the job market and increasing the demand for skilled people. The digital transformation will add an estimated $45 billion to Australia’s GDP by 2021 increasing growth rate by 0.5 percent annually, as reported by a new research.
Additionally, companies have also reported that increase use of digital technologies has produced significant improvements in profit margins and productivity. Cost reduction and revenue from new products and services are other benefits.
The governor of the Reserve Bank of Australia stated that Australia’s future economy is likely to be constructed by investing in Information Technology and the skills in Australia’s labour force. Thus, Australia is drifting apart from the heavy reliance on investing in natural resources.
Australian job market will be blooming with the skilled people who are at the cetnre of digital transformation. The rise of digital technology will only advance the Australian job market.
Chris Barry, a Senior Consultant specializing in Digital and Technology Recruitment across Australia, quoted, “The Australian market is extremely buoyant at the moment and all signs indicate this trend is set to continue. Candidates with experience with the latest tools and technologies will be in demand, especially Software Engineers, Cyber Security specialists, candidates who are skilled with Artificial Intelligence and Big Data are highly in demand. Due to the increasing number of digital transformation projects happening across Australia, there will be continuous demand for Agile Business Analysts & Project Manager. “