For many (me included) Australia has held a certain allure as a land of wonder and excitement, captivating the hearts of families and professionals alike. From sun-kissed shorelines and vibrant coral reefs to its laid-back charm and crocodile-hunting legends, there’s something truly magical about the Land Down Under. Australia offers a unique blend of adventure and opportunity that continues to draw people from all corners of the globe.
Here in advisory services, we have experienced a recent uptick in requests for information about Australia. And naturally, this leads us to ask: Why is Australia an attractive destination for inbound relocations and assignments and what is behind the rise in mobility within Australia over the past several months?
There are plenty of reasons why both companies and employees are drawn to this vibrant country. With its strong economy, high quality of life, abundant natural beauty and friendly multicultural atmosphere, Australia is the prime destination for expatriates and locals to explore new opportunities.
We delve into these driving forces (and more) in our most recent MoveMinds podcast, hosted by Laura Levenson, global practice leader in advisory services, and Nidhi Mirpuri a director of client services based in Weichert’s Hong Kong Office.
Together they discuss everything from the popularity of Australia as an expat destination, to the challenges of moving within Australia as a local national, to the reasons why so many companies are investing in expanding their business and talent deployment Down Under. Some of the key challenges discussed are the extremely competitive housing market, the scarcity of available housing, and some of the ways in which companies are addressing this issue with their relocating talent.
While the demand for skilled labor is on the rise in Australia, the housing shortage is just one of many issues that are discouraging potential candidates from jumping on the opportunities emerging there. Laura and Nidhi confront the issues head-on and unpack the meaning of “reluctance to relocation” from not only the employee perspective but also the company’s point of view.
If Australia is an emerging market for your company, tune in below to gain insights into the current trends that are shaping the landscape of talent mobility in Australia. Discover the challenges and innovative solutions companies are managing right now when it comes to building a successful route to increasing talent mobility to a country filled with untapped opportunities!
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