As part of a study of the teaching of Information and Communications Technology in Australian universities, employers were surveyed in 2001 to find out how satisfied they were with graduates of ICT university courses, and what shortcomings they saw in their education. This paper reports on the findings of that survey. The willingness of employers to employ university graduates depended very much on the size of the company. Graduates were seen as generally deficient in a couple of areas (much the same areas in which employers have been reported as being dissatisfied with graduates from all disciplines, not specifically ICT), but this had little effect on their employability.