The online economy doesn’t have enough people to prop it up and immigration rules need to change to let more web workers in, according to REA Group chief executive Tracey Fellows.
The boss of one of Australia’s biggest tech companies says the country is “tapped out” of computer science graduates, and not just because it’s a boring subject (well, maybe a little), but because the government needs to loosen immigration rules so that more people who can do the jobs are allowed to come into the country.
“Our business is entirely an IP [intellectual property] business, in that it is entirely human-capital based,” Fellows said, according to Fairfax.
“The promise of the FTA is it enables … fences around countries to come down. [But] from the point of view of an Australian company, one of the biggest challenges we face is access to skills. We are almost tapped out in being able to find the skilled resources that we need.”
Fellows praised the free-trade agreements between China, Japan and Korea, but asserts the government needs to improve labour mobility throughout Asia to help companies like REA, who’s biggest problem now is accessing talent to engineer and maintain websites like realestate.com.au.
And while Aussie students have an apparent disdain for computer science and engineering, Fellows said in China these jobs are highly regarded and graduates in the field are a-plenty.
“It’s just supply and demand. Demand far exceeds supply. So if you have children, especially girls, make sure they do technology at school.”
CEDA chief executive Stephen Martin said the government would expand the labour mobility agreement it shares with trans-Tasman buddies New Zealand to countries in Asia, according to Fairfax.
Martin said Australia had been “educating the best and brightest of Asia’s developing economies” for the past 50 years, and while Australia would need to “proceed with caution”, this type of agreement moving forward has major benefits for Australia’s computer science industries.
A new global report on the damaging effects of promoting fossil fuels has singled out Australia as being uniquely compromised by agencies lobbying for oil, gas and coal. The joint study by Australian organisations Comms Declare and Clean Creatives lists the 90 advertising, marketing and PR agencies that have hampered cuts to greenhouse gas emissions […]
Freedom Foods and 72andSunny Sydney have launched the first advertising campaign for Australia’s Own range of plant-based beverages. The campaign introduces a new visual world and identity for the brand and captures the healthy, positive feeling you get when spending time in nature and when consuming Australia’s Own certified-organic, plant-based beverages. As well as featuring […]
Nine creatives from APAC are among the 94 finalists from 27 countries in The One Club for Creativity’s prestigious Young Guns 19 competition, celebrating international creative professionals age 30 or younger. The finalists from APAC are: Hiu Ching Kung, graphic designer, Hong Kong Lam Ieong Kun, graphic designer, illustrator, indego design, Macau Raxenne Maniquiz, graphic designer, illustrator, Santa Maria (Philippines) Kiyotaka […]
OOH transit company Adflow has announced the success of the first phase of its regional expansion program. Adflow’s regional footprint has increased by 60 per cent to now include 65 regional locations. With 9.1 million people living regionally in Australia (growth of 1.1 per cent experienced in the 19/20 Financial year) and most regional centres […]
Freshworks, a leading software company, has started trading on the Nasdaq Global Select Market, marking an important milestone for the company. The company priced its IPO at US$36 per share (AU$49.76), raising about US$1 billion (AU$1.4B), resulting in a total market capitalisation of AU$13.7 billion (US$10B). Freshworks, which was founded in India, has strong roots […]
Black Friday Cyber Monday (BFCM) is the biggest player in the holiday shopping game and Google’s most recent research suggests consumer interest for the peak sales season starts much earlier than retailers may realise. The pandemic has fundamentally changed buyer behaviour over peak sales season, with Google suggesting that global consumer interest in Black Friday […]