Increasing women's participation in technology careers in Australia could unlock an A$6.5 billion windfall (US$4.14 billion), according to a report by RMIT Online and Deloitte Access Economics.
Currently, women make up only 30% of the tech workforce in Australia.
Upskilling and reskilling women for technology roles can lead to a 31% boost in their earnings, representing a collective positive wage impact of A$4.3 billion (US$2.74 billion).
Organizations can benefit from the profitability and performance improvement brought by reskilled women, with potential gains of up to A$1.8 million (US$1.15 million) per year.