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Does Australia really have an ICT skills shortage?

There appears to be a somewhat schizophrenic collective opinion when it comes to Australian ICT skills. On one hand, we have reports that paint a negative picture in regards to the lack of adequately trained and skilled local (Australian) ICT workers. If those reports are to be believed, it would appear that Australia is lagging significantly behind the rest of the developed world in terms of critical IT skills (eg, cybersecurity). On the other hand, we regularly see data that talk to the world standard of our university degrees and the high number of international students who are flocking to them, with IT and technology disciplines regularly being in high demand.