Having 1.2 million people in tech jobs by 2030 is a joint goal of the Australian government and the Tech Council of Australia.

Most of the recent growth in tech jobs has been driven by the indirect tech sector. Of the 10,500 jobs added in the last three months, 8,200 were tech intensive jobs in the indirect tech sector which includes all non-tech industries, like mining and banking, across the Australian economy.

Despite news of layoffs, demand in the direct tech industry remains stable. The direct tech industry has produced a net gain in jobs – despite a small loss of tech-intensive jobs – with growth in other types of jobs within tech companies.

To meet the national tech jobs target of 1.2 million by 2030, an additional 600,000 people are needed in the tech sector. To achieve this target, the tech sector is working with the government on multiple fronts. The Tech Council of Australia is excited about the work that is building on the outcomes from the Jobs and Skills Summit on a range of initiatives. They are also pursuing work towards industry-led solutions, like improving diversity in the tech sector. With strong growth and continued commitment, the tech sector is poised to be a significant contributor to Australia’s future economic prosperity.