Alliance Partners

Thursday, October 01, 2020

COVID-19 has created an amazing opportunity for Australia




“Seen as Covid safe” and a stable, innovative place, Advance CEO Maria MacNamara said Australia has the "single greatest opportunity" to lure back highly-skilled workers the country needed - fuelling the innovation system and economy in an unprecedented way.


Case in point :- 

Hannah Durack - an Ozzie expat living  in New York and working at the Mellon Foundation managing a $75m business - returned for family reasons - covid struck - and is excited about staying in Oz - 

Hannah's story is repeated as almost 400,000 Australians return from abroad during the pandemic.


Overseas travel has increased from 2m per annum to 12m and at any one stage - there are 1m Ozzies luving abroad 


Challenge 

Unfortunately many returning expats are  still looking for work, and their experience reflected an uncomfortable truth: returned expats overwhelmingly struggle in their careers upon return.


“Establishing a local professional network and breaking into the Australian business community” said  Ms MacNamara said.


Opportunity and Government support 

Trade Minister Simon Birmingham said that

we are positioning Oz as a stable and attractive investment destination - specifically in the high growth areas of advanced manufacturing, financial services, and health.


"With one in 10 jobs already supported by foreign direct investment, boosting investment and getting more global businesses to set up shop here will help drive more jobs and opportunities for Australians."


This will give high growth scale-ups, that are looking to international market access to people with global experience,


A new taskforce it says will operate like a "strike team" to "turbocharge" the economy and headhunt individuals and companies that would be a good fit.


Conclusion 

The 20’s  is a great time to be in Australia ðŸ‡¦ðŸ‡º 


We need to work together and find a way to channel this amazing resource to continue to build up Australia and to continue to be known as “the lucky country”.


Source :- the abc https://amp-abc-net-au.cdn.ampproject.org/c/s/amp.abc.net.au/article/12654606

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