This paper describes the industry view of the final phase of a study that validates a group of generic attributes of graduates of Australian undergraduate degree programs with majors in Information Systems (IS). The study sponsored by the Australian Computer Society (ACS) used a three round Delphi questionnaire and involved 53 ACS members. The results of this study are compared with a previous study of generic attributes conducted by the authors in Queensland, Australia. Differences between academics and industry are identified. Major findings include the high ranking of the individual competencies of being willing to participate in continued learning and self-motivation being rated in the top three. Oral and written communications are significantly rated as more important than a comprehensive knowledge of IS. The interpersonal attributes of working as part of a team, interpersonal skills were not ranked highly This study has a very strong overall correlation with the previous Queensland study.