OzHub, the Macquarie Telecom-led cloud computing alliance, has come down firmly on the side of Optus over the copyright controversy surrounding Optus TV Now, warning that any moves to change the law "risk branding Australia a global luddite state."
High interest rates are putting the damper on jobs in the Australian IT and Telecoms sectors according to a new survey. April once again saw a significant fall in IT&T job ads, continuing a downward trend set in the previous two months.
According to the Olivier Job Index figures, from
recruiter Olivier Group, the IT&T job market has seen three
consecutive monthly declines since February.
The IT&T sector fell again last month by 1.92%, bringing its fall
to 9.73% in 3 months. Recent news that big four bank Westpac is
planning to send more of its functions offshore will augur ill for
IT&T, according to Olivier, as well as the embattled Financial
Services and Banking sector which itself has fallen 11% over the past 3
months.
Olivier Group blames the declining jobs market on tightening of
monetary policy by the Reserve Bank. With speculation about a further
interest rate rise on the horizon, business is taking a wait-and-see
approach to recruitment, according to Olivier.
“Clearly we aren't in the record breaking job market of 2007 any more,” says Robert Olivier, a Director of the Olivier Group.
“We're hearing stories of contractors being pulled off jobs and projects being mothballed.”
The majority of jobs available in the IT&T sector are for Software
Development & Engineering skills 34%, followed by Sales &
Marketing roles 20%, according to the April Olivier report.
“Recent business confidence surveys have consistently been showing
lowered expectations, and that's being reflected in hesitancy about
employing new staff,” says Robert Olivier. A key indicator is that
graduate job ad numbers were down 6.1% in the month.
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