Highly skilled, tech-savvy talent that attracts global enterprise
Australia is home to a high-skill, high-talent workforce. This makes us one of the most innovative countries in the world. Our scientific institutions rank in the world’s top 1% in 15 individual fields of research – including space science, computer science, clinical medicine and genetics.
Our outsized A$167 billion technology sector has grown 26% since the onset of the pandemic. If it were a single sector, technology would now be the third largest contributor to Australian GDP. Approximately 98% of Australian tech firms are small and medium-sized enterprises.
Our tech-hungry culture also takes advantage of innovation. Investors and global tech developers know that Australian consumers are technology early adopters who are open to change. This makes us a great market to trial and pioneer new digital services.
The results are apparent in global rankings. Euromonitor ranks Australians fourth in the world for digital consumption. Australia is now ranked second in Asia for fintech development, and sixth globally. We score highly in science too. According to Nature, Australia is one of the top 10 countries in the world for contributing to life sciences research.