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ANZ casts technology as jobs' bogeyman

Technology and its resultant automation have been cast as the jobs’ bogeyman by regional banking giant ANZ which today announced 1,000 Australian jobs were being axed, and warned that more could follow as a result of further automation.

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ACMA takes the measure of the digital economy

Business IT - Technology

The ACMA has produced a timely analysis of major developments in information and communications technologies that explores the implications of these changes.

In 36 pages plus a comprehensive glossary and with numerous hyperlinked references the report presents a very useful and concise snapshot of the state of development across a broad range of technologies that will impact the digital economy, and the lives of its citizens.

ACMA chairman, Chris Chapman said the report had been produced "to assist the ACMA, government, industry and the community to understand just how rapid is the pace of technology change, how it is impacting Australia and how we might ensure all Australians reap the benefits.

"The technologies covered in the paper reflect a snapshot in time in what is a dynamic and complex environment," Chapman added. "The paper acknowledges the fundamental role of technologies as the foundation of convergent communications and media services in the digital economy."

The report focuses on developments or relevance to the emerging digital economy since release of the ACMA's "Trends in communications and media technology, applications and use" report in March 2009. The ACMA says it: "offers an opportunity to identify and engage with change and to anticipate the need for possible action by the ACMA.

"This body of work is one part of a broader research programme focusing on technology developments. Other recent ACMA research reports discussing technology developments include the IPTV and internet video delivery models (June 2010) and Community research into attitudes towards the use of mobile payment services (July 2010)."

The report covers Infrastructure - optical networks, wireless, home networks and digital identity management; smart devices and systems and ICT energy efficiency; and the 'digital community' - mobile payment technologies and mobile coupons, the location aware community, web applications and developments in social media.

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