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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

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Contact the Writer: dita@nbr.co.nz
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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,
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