Skip to main content

ACS criticises the NSW budget’s failure to deliver incentives for ICT industry

by Staff Writers •
Subscriber preview

The Australian Computer Society (ACS) has criticised the NSW State budget claiming it outlines insufficient incentives to support the ICT industry in the current economic conditions. The ACS emphasises that State Government incentives for ICT investment is crucial in the creation of jobs and the betterment of the state’s overall economic prosperity. In a press release issued on June 22 ACS Chairman Kumar Parakala says “given the essential nature of ICT to business growth and the fact that ICT underpins productivity, innovation and development across all industry sectors, the ACS would have liked to have seen greater emphasis placed on ICT, by way of improved incentives to attract ICT investment to NSW and to boost the State’s ICT sector”. The ACS has praised facets of the budget supporting its investment in digital education through the Connected Classrooms Initiative and praising its preference for local suppliers. ACS Board Chairman Anthony Wong emphasizes the necessity of the State government to lure investment in ICT as currently 6% of NSW employment is in the growing ICT sector. Wong labels the industry the “powerhouse of the state economy” saying it is deserving of government support such as that received by the Australian Film Industry. According to Parakala, in the long term, NSW requires continued encouragement from the State Government for commercial R&D and the development of support organisations for start ups such as NICTA to build local ICT capability, especially in human capital. Parakala advises that the NSW Government should encourage local innovation, typically stemming from SME’s, which make up the majority of ICT businesses in Australia and NSW. The creation of a State Government reference site for small business, will not only provide support and identify opportunities for small business within the State, it will also help to attract international opportunities as well. In agreement with the Gershon Review the ACS endorses a coordinated effort in implementing a number of professional development strategies to promote ICT skills in government agencies.

Already a subscriber? Sign in here to keep reading

Want more content like this? Contact our team today for subscription options!

  • Stay up-to-date on hot topics in government
  • Navigate your business with executive level horizon outlooks
  • Get deep public sector ICT insights on our Market Watch series
  • NSW
  • Education
  • ACS
  • Connected Classrooms
  • Gershon Review
  • ict industry
  • Kumar Parakala