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https://docs.jobs.gov.au/system/ ... usaccountants_1.pdf
Labour Market Research - Accountants
Australia June quarter 2017
Occupations in cluster Rating
2211 Accountants No shortage
• The supply of accounting graduates exceeds demand, with advertised accounting positions attracting
large numbers of degree qualified applicants (compared with the average across all assessed
professions).
o There is some evidence to suggest that international students in particular, have difficulty
finding entry level positions once they finish their degrees1
.
• Many degree qualified applicants are considered by employers to be unsuitable for their advertised
vacancies, for reasons including inadequate experience and experience which does not match the
requirements of the position and poor communication skills.
• In 2017, almost every surveyed employer attracted applicants for their accountant vacancies.
o One third of employers attracted 40 or more applicants, a further quarter attracted more than
50 and 8 per cent attracted more than 100.
o Competition was stronger in metropolitan areas than in regional areas.
• The future demand for accountants is unclear.
o The accounting sector is experiencing rapid technological change and routine tasks are being
automated.
o Accounting firms are also offshoring some basic accounting work which would, in the past, have
been undertaken by graduates.
o Accountants are expanding into more diverse activities.
Survey results2
• In 2017, almost every employer attracted applicants when recruiting for an accountant.
o By comparison, 7 per cent of employers surveyed across all assessed occupations didn’t attract
any applicants for their vacancies.
• Since 2009, there have been consistently high applicant numbers for accounting vacancies.
o In 2017, there were, on average, 36.8 applicants per vacancy, compared with 14.3 across all
assessed occupations and 13.5 for all assessed professions. |
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