How to Deliver One Million Tech Jobs by 2025

The Technology Council of Australia (TCA) today launched its Roadmap to Deliver One Million Tech Jobs, which details the pathway for Australia to embrace the technology jobs opportunity.

Underpinned by research from Accenture, TCA revealed the four key steps that are needed to ensure this goal will be achieved and the potential benefits.

 These steps include:

  1. Keep growing the pipeline of new Aussie tech start-up companies, to contribute 30,000 new jobs and an extra $7bn in value by 2030.
  2. Scale-up more early stage Australian tech companies equating to 65,000 jobs and $14bn in value.
  3. Create more large homegrown Aussie tech companies and ensure Australia is an attractive market for investment from multinationals equalling 75,000 new jobs, and $16bn in extra value.
  4. Accelerate tech job creation and investment by businesses outside of the tech sector for 258,000 new jobs, and $45bn in value.

Kate Pounder, CEO, TCA said, “Today we are calling on all sides of Government to help us reach the technology sector’s full potential.”

“The tech sector has the ability to help drive recovery for our economy, provide secure jobs for the future and continue to underpin crucial sectors such as agriculture and mining.”

“The biggest and most urgent risk to meeting our goal of one million people in tech sector jobs by 2025 is the acute labour shortages facing the sector.”

“We must act now to ensure we can fill the new tech jobs we’re creating in Australia over the next four years.”

Kate Pounder, CEO, Tech Council of Australia

“To get one million people employed in tech sector jobs by 2025, we need an additional 286,000 workers to join the sector.”

“To meet this ambitious target, reskilling and upskilling workers must become the primary way tech jobs are filled.”

“We believe with the right investment, training and regulation – the tech sector will provide jobs, economic growth, and a pathway to secure employment for the next generation of Australian workers.”

“The boom in tech related jobs means there are now more software engineers and developers in Australia than hairdressers, plumbers, or high school teachers. That’s 1 in 16 working Australians.”

“We want to significantly increase that figure.” Ms. Pounder said.

Today’s announcement of the roadmap also coincides with the TCA signing it’s 60th member. Since launch, another 35 companies from start-ups to global multinationals have joined the TCA to help deliver its vision.

New members include major employers in the Australian tech sector including: Australian tech leaders such as WiseTech Global, Seek and REA, fast-growing Australian tech companies, such as Airwallex, Brighte, Finder, Envato, Nearmap, Go1, Open Learning and Rokt, and leading global firms such as Amazon Web Services, LinkedIn and Docusign.

About the Tech Council

The Technology Council of Australia launched in August with a clear vision to ensure the tech sector plays a critical role in Australia’s recovery from the Covid-19 pandemic. The TCA has set the biggest and most urgent risk to the goal of employing one million people in tech sector jobs by 2025 is acute labour shortages facing the tech sector. That means we must act now to ensure we can fill the new tech jobs we’re creating in Australia over the next four years. Three goals for the tech sector in Australia:

  • Employ 1 million people in tech-related jobs by 2025, and 1.2 million by 2030
  • Contribute $250bn to GDP from tech-related activity by 2030
  • Make Australia the best place to start and scale a company

Our newest members

Accenture – A global professional services company offering Strategy and Consulting, Interactive, Technology and Operations services. 

Airwallex – A global fintech payment platform which helps businesses manage payments, treasury and expenses internationally, without the constraints of the traditional financial system.

Alium Capital – A cross-over, all stage investment fund focused on identifying fast growing, scalable, well run businesses in APAC.

Amazon Web Services – The world’s most comprehensive and broadly adopted cloud offering.

Bridge – An advanced CRM to support employment services.

Brighte – On a mission to make every home sustainable by offering consumers a fast and easy way to pay for solar, battery and home improvements. 

DocuSign – Helping organisations connect and automate how they prepare, sign, act on, and manage agreements. 

Envato – The world’s leading marketplace and community for creative assets and creative people.

Finder – Australia’s most visited comparison site.

GetCapital – A provider of credit and payment platforms to help businesses easily trade, pay and access funds.

Go1 – Offering the largest curated eLearning library from top training providers in a single subscription. 

King River Capital – A venture capital for high growth software companies.

LinkedIn – Connecting the world’s professionals to make them more productive and successful.

Mable Technology – Helping connect people with care and support workers in their community.

Max Kelsen – Experts in machine learning and quantum computing providing innovative solutions and research.

MaxMine – Integrating business improvement, a powerful technology stack and operational analytics, to deliver a large increase in value to open cut operations.

Nearmap – Offering businesses instant access to high resolution aerial imagery, city-scale 3D datasets, and integrated geospatial tools.

Nintex – Process management and automation software that improves the way people work with easy-to-use tools for visually managing, quickly automating and continuously optimizing business processes and workflows.

OpenLearning – Providing an online lifelong learning platform to education providers and a global marketplace of world-class courses, micro-credentials and qualifications for learners of all levels. 

REA Group – Changing the way the world experiences property. REA Group is a leading global digital business specialising in property. 

Reason Group – A home-grown Australian SME specialising in government transformation. 

Rokt – Through its proprietary technology, Rokt enables its ecommerce clients to increase brand engagement and unlock new revenues in the Transaction Moment™, allowing them to stay ahead of their competition while delivering a superior and individualized experience for each customer.

Seek – Helping people live more fulfilling and productive working lives and help organisations succeed.

Sesimi – Allowing you to store, manage and share all your marketing assets in one place to make your life easier.

Slalom – A global consulting firm focused on strategy, technology, and business transformation. 

Startupbootcamp – The world’s largest network of multi-corporate backed accelerators helping startups scale internationally.

TeleAus – A leading information and communications engineering solutions and services provider specialising in IT services, telecommunications engineering and business solutions that deliver real results.

Telstra Ventures – Investing in technology companies and offering synergy revenues to its portfolio companies.

Think and Grow – Helping to build high calibre teams that can compete globally in a world of rapid change.

Thinkmill – Helping organisations ship products and deliver services with confidence and velocity.

Tidal – An early stage venture capital firm investing in product-led ANZ founders bound for international markets.

Till Payments – Taking the complexity out of payments for merchants so you can get paid anywhere, anytime through a single, simplified platform.

Willow – Enabling users to make proactive, data-led decisions in real time, to grow profits, reduce expenses and better manage risk.

WiseTech Global – A leading developer and provider of breakthrough software solutions that enable and empower those that own and operate the supply chains of the world. 

Yarris Technologies – Providing a suite of products designed to manage complex business workflow processes.

Zepto – A payment infrastructure company that combines account to account real time payment and open banking capabilities in the B2B space.

Media enquiries:
Kate Lord, Harry Communications
media@techcouncil.com.au
0432 448 248

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