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The Digital Divide: Upskilling to Meet Australia’s Growing Tech Needs

Published October 13, 2024

As Australia seeks to build a high-tech workforce essential for a 21st-century economy, its commitment to lifelong learning is being tested. With significant skills shortages in fields such as information and communication technologies (ICT), the country must enhance its capabilities to keep pace with the rapidly evolving tech landscape.

Skills Shortages and Economic Impact

A recent report from the global recruitment agency Hays indicates that Australia is among the top five countries facing severe skills shortages. It ranks fourth globally for talent deficits, particularly in sectors like technology, banking, financial services, and manufacturing. According to the Australian Information Industry Association (AIIA), sectors such as cloud computing, cybersecurity, app development, artificial intelligence (AI), and big data are among the areas experiencing the most acute shortages.

The Need for Continuous Learning

To address these issues, retraining the existing workforce and upskilling in new technologies are crucial. The demand for ICT skills is further heightened by the need for digital literacy across the entire economy, as technology reshapes traditional roles and creates new job opportunities. Simon Bush, CEO of AIIA, emphasizes the importance of a strategic approach that focuses on reskilling mid-career professionals, launching digital apprenticeship schemes, and utilizing flexible educational models such as vocational education and training (VET) and stackable micro-credentials.

Consequences of Ignoring the Skills Gap

If the skills gap is not addressed, Australia may face higher operational costs, slower adoption of technology, and reduced global competitiveness. With 80% of jobs in Australia requiring some degree of tech literacy and over half of technology jobs lying outside the traditional tech sector, it is essential for the workforce to be well-equipped for the future. Bush warns that to benefit from transformative technologies like AI, Australia needs skilled professionals to maintain productivity and drive economic growth across various sectors.

Importance of Lifelong Learning

The pressing need for upskilling means that Australians must adopt a lifelong learning mindset. A report from the Australian Computer Society (ACS) predicts that by 2030, over 11 million workers will require reskilling as new technologies will radically impact their work. Chris Sharp, CEO of Pax8 APAC, emphasizes that in the fast-evolving tech industry, continuous education is not a luxury but a necessity. Pax8 promotes ongoing education programs, establishing a culture of learning that empowers employees to innovate, adapt, and problem-solve efficiently.

Benefits of Upskilling

Alongside on-the-job training, individuals aiming to enhance their skills can pursue short courses, graduate certificates, diplomas, and advanced degrees. This pursuit of knowledge not only enhances personal career prospects but also leads to higher salaries and better employment outcomes. The 2023 Graduate Outcomes Survey highlighted that the median salary for undergraduates reached AUD 71,000, while postgraduate coursework graduates earned a median of AUD 96,600.

Conclusion: Embracing Change for a Thriving Economy

Skilled professionals, particularly in technology fields, are increasingly valuable. For example, AI specialists command an average salary that is 31% higher than their non-AI counterparts. Given the looming ICT skills crisis, a strong focus on lifelong learning offers Australians a path to reskill and adapt to changes, ensuring they thrive in a high-tech economy. The future looks bright for those willing to embrace change and invest in their continuous education.

upskilling, technology, workforce