The economic connection to technological advancements, including the NBN, has been discussed by a panel of economists and IT professionals in Sydney this week.

The Australian CIO Executive Council polled 121 top local IT executives and found that the current economic crisis is taking its toll on Australian IT departments. Find out more in our special report “The New Economics of IT”.

The global financial crisis is having an impact on IT departments around the world, but Australian CIOs are feeling less pain than their counterparts in the United States.

More than a third of Australian CIOs reported that their budgets are being cut, shifting the IT emphasis from growth to survival.

The global financial crisis is having an impact on IT departments around the world, but Australian CIOs are feeling less pain than their counterparts in the United States. The fourth and final part of our special report based on the Australian CIO Executive Council survey The New Economics of IT, reveals that US IT executives are dealing with deeper and more profound cutbacks than their Aussie peers.

More than a third of Australian CIOs responding to the CIO Executive Council survey The New Economics of IT report that their budgets are being cut. Part III of our special report reveals a gloomy picture of life at the IT frontline as the emphasis shifts from growth to survival.