- during the last four years 30% of Australian IT graduates could not find work. This is despite enrolments by Australian students in IT courses falling 36%.
- in spite of this oversupply, the government increased the number of visas to overseas students graduating from Australian universities by 62%.
- as a result there has been high graduate unemployment and lower wages
People lured to Australia on the promise of lucrative jobs in IT get here and find they don't have a hope of getting a job. It's a human disaster for these people who, in many cases, uprooted themselves and their families, leaving behind reasonably paid jobs, and find they are worse off when they get here.