Major Australian firms like Telstra, NAB, and Woolworths are increasingly offshoring high-value corporate roles.
Specialized functions such as AI development, cybersecurity, and financial operations are moving to India, Vietnam, and the Philippines.
The shift raises concerns regarding the depletion of Australia's domestic 'corporate brain' and long-term innovation capacity.
Experts emphasize the need for better investment in local digital skills and transparent corporate talent development pathways.