A new report released by the Economist Intelligence Unit (EIU) named "The Means to Compete: Benchmarking IT industry Competitiveness" showed that Australia was ranked third of countries providing the most positive competitive conditions for IT firms in the Asia-Pacific region, following South Korea, and Taiwan.
According to the EIU's report, Australia was also ranked fifth in the world in terms of the overall competitiveness of its IT industry, along with the U.S. topping the index table, then Japan, South Korea, and the United Kingdom, respectively.
Similarly, Australia was ranked fourth in the world in terms of Advanced IT and communications infrastructure, preceded only by US, Canada, and Switzerland and ranked first in the Asia-Pacific.
In the report, Australia's mobile phone penetration had been showed to be high at 94.5 percent.
In addition, Australia's IT industry has kept making steps in becoming more green-friendly for many years. Environment and energy are concerned factors of several major Australian organizations recently.
However, Australia is now facing to skills shortage in seasoned IT professionals, which affects IT project delivery times and drives up salaries, creating highly paid IT job opportunities in Australia.
Employers in Australia are now looking oversees to bring in IT skilled professionals on the 457 visas for Australia.
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