Up to 3 million Australians – mostly in rural and regional Australia - will miss out on getting access to critical 5G technology by 2023 because of the Australian Government’s 5G ban on China’s Huawei in Australia - and come at a cost to the national economy of US8.2 billion in lost GDP gains, according to UK based global forecasting and quantitative analysis firm Oxford Economics.
A total of more than 630,000 jobs will be displaced in Australia during the next 10 years, global networking firm Cisco claims in a study carried out by Oxford Economics.
There is a talent mismatch between the skills jobseekers possess and those employers want, according to a new report showing that despite an existing pool of labour, Australian employers in high-skill industries still find it difficult to fill jobs that require highly-skilled professionals.
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