Why we lack the skills to cash in on $10 billion tech industry

Tuesday February 09, 2021

Australia is counting on technology to become the backbone of the national economy for the next two centuries.

Reserve Bank Governor Philip Lowe announces a raft of measures to revive the economy (Photo: AAP Image/Joel Carrett)

But new research has found the nation could fail to capitalise on $10 billion in projected industry growth through a digital skills shortage among its workforce.

Reserve Bank Governor Philip Lowe last week emphasised the prosperity of Australia’s future generations hinged on the development of new technology.

In a speech to the…

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