In the UK, thousands of skilled trades people and professionals face uncertain employment prospects at the moment. If it’s all getting a bit much to bear what with relentless headlines about the recession and the worsening job market, maybe you’re thinking about leaving and looking for greener grass. Had you thought about looking at, well, Australia?
Apartments in Ireland’s tallest building, the 150-million euro, 17-story tower Elysian, cost 1.8 million euros ($US2.56 million). For that, you could get a three-bedroom duplex penthouse with a black-lacquer kitchen, Porsche taps and a panoramic view of Cork. Very nice. But because of the Global Financial Crisis (GFC) 80% of the Elysian’s 211 apartments were unsold in late April. About half the office and store units in the project also stand empty.
It’s no secret that many developed countries still are experiencing financial difficulty. Some countries are actually in dire straits and are unlikely to find friendlier straits anytime soon. In Australia, it’s not quite like that. Even overseas commentators laud this distant land’s situation and predict it will emerge from this global crisis stronger than ever.
Yes, certainly, owing to the Global Financial Crisis (GFC), skilled migration numbers will be slashed in Australia’s budget year of 2009/2010. The government says this measure has been taken make sure that Australian workers get preference for jobs in a period that threatens higher unemployment. Paradoxically, recent figures indicate that Aussie unemployment has actually diminished. Still, most gurus are still predicting up to 8% unemployment during the next twelve months.
Declining Australian trends in car travel and surging public transport usage mark a turning point in history and a challenge for policy-makers and politicians.
In tune with its high performing resource sector, Australia’s long-running skills shortage continues on its seemingly unending marathon. Nevertheless, in response to the Global Financial Crisis (GFC), the Australian government blinked and reduced skilled immigration for the current budget year. However, it is highly likely that this reduction won’t last long. It seems certain that Australia will survive the GFC in very good shape, necessitating that the full skilled migrant program will be restored, if not ramped up in the near future. Even now, well over 100,000 skilled migrants will be accepted into Australia (population 21 million+, around 25% of whom were born overseas) during it’s current budget period. It is predicted that the shortfall caused by the government’s cut, if left uncorrected, will be magnified as recovery rolls out.
Even when the rest of the world is in the economic doldrums, there’s plenty going on in the land down under. According to two influential reports, Australia’s economy continues to lead the developed world.
It’s said that at any one time in the UK, 2.5 million people are thinking about Australia; thinking about living and working there, that is. As things go, over 40,000 Brits migrate to Australia every year. and that’s been going on for a long time. But why is it still so high on the wish list of so many British workers, professionals and families?
Right now, China has become the global economy’s only working growth economy. It’s not doing as well as it was, maybe, but the Global financial Crisis (GFC) has forced it to look more seriously about its vast domestic population and think about it more in terms of being a market. Like many countries, China has launched into infrastructure projects as a way of keeping its workforce up and about.
Engineering is one of the key enabling professions in the Australian economy. Examples of engineering design, products and services permeate all aspects of everyday life. Engineers apply their skills in numerous ways, in specialist technical occupations, in design, in management and in entrepreneurship.