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National IT&T Market Update: August 2010
We are currently observing strong demand for a range of IT&T skills, as businesses across Australia, along with the major banks and WA’s mining sector undertake transformational projects designed to help them gain ground in the recovering global marketplace.
The recent significant growth in IT&T jobs available – such as a rise of 200% in the past 12 months in Victoria and 30% in both New South Wales and Queensland – have been sustained
in most states since our last Index in April 2010.
Despite demand for talent continuing to grow, IT&T salaries and contract rates have remained steady over the past three months, with demand currently being matched by a good supply of candidates.
However as a consequence of the strong growth in the majority of states, the Australian IT&T skills pool is becoming stretched and a number of skill-sets are beginning to experience shortages.
IT&T candidates (especially those with .NET and Project Management skills) are commonly weighing up several prospective jobs at the same time and organisations who take weeks to progress from shortlist to job offer are finding their preferred candidates have often taken other jobs.