A recent Candle ICT report suggests that we’re just at the tip of the iceberg when it comes to skills shortages.
According to the Candle ICT Index, the IT sector will grow by around 20,000 jobs by 2015, but demand will outstrip supply by 2700 people annually, based on current projections.
In a release, Candle Executive General Manager, Linda Trevor, claimed the most likely solution to the growing problem would be to change the 457 Visa and skilled migration policies.
“Unless we see some changes to 457 Visas and skilled migration policies, the amount of offshoring that companies are forced to do will undoubtedly increase," she said in the release.
"This will have a significant cost to the economy, not least with money that would otherwise be circulated through the community.
“The value of offshoring in recent years involving IT projects and related work is reported to have exceeded $7 billion dollars.”