Is Australia An Immigration Nation? (1) - PowerPoint PPT Presentation

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Is Australia An Immigration Nation? (1)

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Although Australia would have to work hard to ensure it can compete with other countries such as Canada and the UK in the international market once again, its recently proposed strategies will help the nation progress towards that direction. Another important measure is to ensure the reduction in visa for business in Australia processing times and provide a straightforward visa package that will allow companies across various industries to secure valuable international talent. Visit - – PowerPoint PPT presentation

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Title: Is Australia An Immigration Nation? (1)


1
Is Australia An Immigration Nation?
2
Introduction
  • The impact of the COVID pandemic was immense.
    Australia itself now feeling the effects of its
    two-year border closure policies. The strict
    border regulations may have seemed necessary,
    considering the plight of the pandemic. However,
    businesses across the country are now struggling
    to find workers, leaving over half a million jobs
    vacant. This is a poor sight for a country once
    dubbed an immigration nation.

3
  • A good example is the rapidly increasing For
    Lease signs on display across Melbourne city.
    Who wouldve thought that in just a single year,
    the citys 5 million population number would
    decrease by 60,500? Of course, its wearying
    lockdowns certainly did not help. Migrant
    workers, international students and many other
    first and second-generation Australians all
    choosing to move away has left the citys working
    sector scarred. This is consistent across the
    nation and widespread across many sectors such as
    hospitality, child care, IT, education, etc.

4
  • No doubt this is a crisis for a country that has
    relied on immigration to boost its economy over
    the past 20-30 years. Now the Labour government
    led by Prime minister Anthony Albanese seeks to
    rebuild the countrys reputation on the global
    front for skilled workers. Although the
    government have laid out a more optimistic
    approach in the federal budget for the 2022-23
    financial year, with the main intention being to
    increase permanent immigration, the country will
    continue to struggle in building trust with the
    international market.

5
  • The countrys hard border closure earning it the
    unfavourable name Fortress Australia along with
    the failure to provide benefits, food, social
    support, and housing to migrant workers resulted
    in such a situation.

6
  • Although Australia would have to work hard to
    ensure it can compete with other countries such
    as Canada and the UK in the international market
    once again, its recently proposed strategies will
    help the nation progress towards that direction.
    Another important measure is to ensure the
    reduction in visa for business in Australia
    processing times and provide a straightforward
    visa package that will allow companies across
    various industries to secure valuable
    international talent.

7
  • There has also been a consideration in scrapping
    the much-criticized Significant Investor Visa
    (SIV) program to ensure that skilled
    international migrant workers are prioritized.
    The SIV program grants visas to investors who
    invest 5 million into the country. Although the
    program has allowed large-scale investment of
    around 11.8 billion into many businesses, it is
    criticized as many see it as an easy pathway for
    wealthy individuals to live in the country, 85
    of whom come from China.

8
  • Despite the importance the Australian government
    now place on attracting a large number of migrant
    workers, there is still a concern as to whether
    Australians would welcome an increase in
    immigration. In a recent survey of 1607 voters,
    33 were opposed to the idea of increasing
    permanent migration.

9
  • Economic Policy Director at Grattan Institute
    Brendan Coates makes the point that an increase
    in permanent migration will ensure larger fiscal
    dividends for the economy however, the country
    must not overly rely on cheap foreign labour, as
    this will prevent the appropriate training of
    Australians. No matter the attitude Australians
    may have, there is no doubt that Australia is
    desperate for skilled workers and migration and
    therefore will look to ensure that it can address
    the economy-wide skills shortage.
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