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The employment outlook for senior executives in the IT sector remains uncertain as the 2016 business year gets into stride.

The outlook is bleak for the IT sector, with demand for executives falling two months in a row as the national economy struggles to gain traction.

The year has started well but cautiously for executives looking for employment in the IT sector, with executive demand in January rising a slim one percent (1%) following on from positive trends at the end of 2014.

Despite avoiding a drop off in October, demand for executives in the IT sector dropped 9% in November, continuing a three-year period of generally flat demand in the technology industry.

The demand for executive rose modestly in July in most industry sectors, but the IT industry missed out, recording an 18% retraction, according to the latest executive employment index.

A hacker claiming to be an Indonesian member of the loose hacking collective Anonymous has claimed responbility for attacks on the AFP and Reserve Bank websites, which were down for a number of hours this morning.

The demand for executives in the IT sector has declined for the second month in a row, with New South Wales the only state to record an increase in demand.

Cash is no longer king, making up less than a quarter of the value of all payments made in Australia, as the value curve bends toward online and card based transactions. It's a shift that has prompted the Reserve Bank's Strategic Review of Innovation in the Payments System which could ultimately dictate the nature of computer systems the big banks will need in order to comply with the shifting regulatory landscape.