Research has found the tech sector contributed $167 billion per annum. That makes tech sector activity equivalent to the third biggest industry in Australia today behind mining and banking.
The tech sector is also a major employer, with 861,000 Australians – or 1 in 16 working Australians – working in tech-related employment. Since 2005, tech jobs have grown by 66 per cent, compared to an average jobs growth rate of 35 per cent across the economy.
By 2030, tech sector activity has the potential to contribute more to GDP in Australia than primary industries or manufacturing.
To see 1.2 million Australians employed in jobs in tech by 2030
To increase tech’s economic contribution to $250 billion by 2030
To make Australia the best country in the world to create and invest in tech companies
Our public policy priorities are underpinned by a desire to see an Australia where people and businesses have confidence harnessing the power of technology, where investors have confidence backing Australian technology companies, and where technology companies have confidence investing locally, including in research and development.
© 2023 Technology Council of Australia
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