iTWire Monday, 10 May 2021 12:02 Technology workforce to exceed 1.1 million by 2026: report
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Australian Computer Society’s 2021 Digital Pulse report highlights the importance of the technology sector to Australia’s economic growth. Its key findings revealed that the technology workforce is booming, but it poses a challenge: there’s a gap between the demand for workers and degree graduates, and a gender imbalance threatens to hold back the Australian economy.
The 2021 edition of the Australian Computer Society’s (ACS) Digital Pulse report tracks the key trends in the nation’s technology workforce and its potential growth over the next five years.
Key findings in this year’s report include:
MICHELLE GRATTAN.
TREASURER Josh Frydenberg calls this a “pandemic budget” – one to sustain the economy in times that are still uncertain – but it also has a substantial element of an election budget.
That’s not to suggest Prime Minister Scott Morrison will rush to the polls this year. But given the election has to be held by May 21, 2022, this is likely to be the last budget of the cycle. Another could be squeezed in, as in 2019, but it would have to be brought forward from the normal time.
Michelle Grattan
Last year the treasurer said budget repair and debt repayment – otherwise known as the hard and unpleasant decisions – wouldn’t be undertaken before unemployment was “comfortably” below six per cent.
What We Know About the 2021 Federal Budget so Far
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Published 6 days ago:
May 10, 2021 at 6:17 pm
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Treasurer Josh Frydenberg calls this a “pandemic budget” – one to sustain the economy in times that are still uncertain – but it also has a substantial element of an election budget.
That’s not to suggest Prime Minister Scott Morrison will rush to the polls this year. But given the election has to be held by May 21, 2022, this is likely to be the last budget of the cycle. Another could be squeezed in, as in 2019, but it would have to be brought forward from the normal time.
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at 1:20 pm on May 10, 2021 | 19 comments
Ex-RBA head of research turned chief economist at the Centre for Independent Studies, Peter Tulip, has backed bringing forward stage 3 tax cuts, arguing they are the best way to stimulate growth:
The best way it could get the economy growing faster was through tax cuts, he said, and that included bringing forward the stage 3 tax cuts.
“We do need extra tax cuts because we do need extra fiscal stimulus. That means bring forward the stage 3 tax cuts,” he said.
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“Bringing forward those tax cuts doesn’t do any damage to the budget. The damage has already been done.”
Treasurer Josh Frydenberg calls this a “pandemic budget” – one to sustain the economy in times that are still uncertain – but it also has a substantial element of an election budget.
That’s not to suggest Prime Minister Scott Morrison will rush to the polls this year. But given the election has to be held by May 21, 2022, this is likely to be the last budget of the cycle. Another could be squeezed in, as in 2019, but it would have to be brought forward from the normal time.
Last year the treasurer said budget repair and debt repayment – otherwise known as the hard and unpleasant decisions – wouldn’t be undertaken before unemployment was “comfortably” below 6%.