IT market in Perth is near $2B as a rough estimate. Focused on...

IT market in Perth is near $2B as a rough estimate. Focused on services to the Energy and Mining sectors. A lot of asset management and operations control software plus the tech infrastructure to support that (vs. the focus on financial software on the east coast).

Interesting there is an increase of interest in the DC and sub-sea fibre infrastructure market to support the AI boom. Singapore is somewhat full re DC capacity and oddly enough, Perth is increasingly being seen by the major AI players as a reasonably attractive overflow location...as is Darwin but to a lesser degree. Property market stability is key to using Oz over other SE Asian markets. Being in the same time zone and 4.5 hour flight away helps.