close
MENU
Tech & Innovation
5 mins to read

IT worker ecosystem threatened when banks offshore skilled work

Those in the know say last week’s announcement – about ANZ offshoring some high-level IT/data jobs – comes at bad time for NZ's IT sector.

There is plenty of work for highly skilled IT people.

Dita De Boni Tue, 14 May 2024
Key points
  • What’s at stake: NZ’s IT sector needs skilled people and high-paying jobs to thrive – but IT workers in banks risk their work being sent offshore. 
  • Background: All big banks in Australasia are increasingly outsourcing jobs – initially, low-level tasks but, more and more, skilled work, including many highly specialised roles in IT 
  • Main players: ANZ, IT Professionals NZ CEO Victoria MacLennan, Insightful.Mobi co-founder Paul Miller, Talent Melbourne MD Simon Yeung. 

Concerns about a loss of IT expertise from the country have heightened after a revelation last week that ANZ NZ had offshored about 100 of its highly-skilled data and IT jobs to India in recent months.

ANZ, the other ‘Big Four’ banks, and many other big businesses have for decades now sent a

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

NZ$399.00 / yearly

Offer ends July 31st

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Dita De Boni Tue, 14 May 2024
Contact the Writer: dita@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Key points
  • What’s at stake: NZ’s IT sector needs skilled people and high-paying jobs to thrive – but IT workers in banks risk their work being sent offshore. 
  • Background: All big banks in Australasia are increasingly outsourcing jobs – initially, low-level tasks but, more and more, skilled work, including many highly specialised roles in IT 
  • Main players: ANZ, IT Professionals NZ CEO Victoria MacLennan, Insightful.Mobi co-founder Paul Miller, Talent Melbourne MD Simon Yeung. 
IT worker ecosystem threatened when banks offshore skilled work
Tech & Innovation,
104011
true