Home' Employment Forecast : October 2009 Contents The Age Employment Forecast
Although conditions have not been as strong, most Australian Telco’s are reporting reasonably good sales results; however,
sales of mobile phones are down 7% from their record in 2008. Business usage is also down as companies cut their operating
expenses. Telstra also continues to shed staff as part of its continued restructuring. As a result of the slowdown, jobs in this
sector are down 2.7% (YTD August 09). One bright spot has been the strong demand for wireless broadband products as people
want to connect to the internet while on the move. Telstra was in the strongest position in this market with the launch of the Next
G mobile network, but now Optus and the recently merged Vodafone and Hutchinson are also aggressively pursuing this market.
The extent of the growth is breathtaking, Optus announced that wireless subscribers had tripled over the year.
The Federal Government has announced major changes to this sector, which will effectively result in Telstra having its retail and
wholesale divisions separated. Telstra has been given a choice of voluntarily separating into two companies or having its retail
and wholesale divisions retained as part of the same company but operated at arm’s length from each other. The Government
says the reforms are aimed at driving competition but the subtext is also about bringing Telstra back to discuss the $43 billion
national broadband network.
In Victoria, this sector has performed a little better than the National average, with jobs growth starting to recover. The recent
announcement that Satyam is to pull out of the software centre project at Deakin University was a blow and the GFC was cited as
the reason for the announcement. The State Government is trying to entice a competitor to take up the business. If this is found,
then the project is estimated to create 2000 jobs in the Geelong area and would be a big boost to the Communication and related
With an improved economic outlook, this sector is forecast to resume growth, although at modest rates. Already, jobs for ICT
Professionals is showing slight growth again (+2.0%).
Source: EMDA Model 2009
Change in Jobs
Change in Jobs Quarterly
With an improved economic outlook, this sector is forecast to resume growth although at modest rates
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