Australia’s growth domestic growth has hit a three year high. This is a clear indication that the country is now becoming less dependable on the governments stimulus package. Figures released by the Australian Bureau of Statistics show an increase monthly increase of 1.2% and 3.3% for same period in 2009.
The strength of the Australian economy has been made via an increase in construction, mining, professional and technical industries production.
The results also reveal that within the construction, mining, professional and technical industries, production has also increased in the same quarter. This rise in production only serves to confirm Australia’s strong position in the market and its fast route to recovery after the downturn of the global recession.
It also means that one of the greatest challenges facing any new government now is filling skilled workplace shortages. Business leaders have been calling on the government to make immigration policy more flexible in order to allow for skilled migrants to enter Australia and fill the labour shortfalls.
More growth only puts pressure on Australia to keep supplying and for that Australian businesses need the skilled workers to keep up with demand. China is a huge customer and one of the biggest importers of Australian goods, as China keeps growing so does the demand for Australian minerals.
A skilled worker shortage in Australia would be a disaster for major businesses and a severe blow for the economy. If a cap were put on migration then this is exactly what would happen.
The Sydney Morning Herald today called the Coalition’s plans for a migration cap “silly” and said that obtaining skilled workers was central to the Australian economic recovery.
Continued growth in Australia can only spell good news for the thousands of potential migrants awaiting news on immigration policy in Australia. The higher the demand for skilled workers the more likely it is that the government will ease the route to migration. And not a moment too soon for the hopeful applicants.
The Emigration Group follow the correct measures and standards set by the Australian and New Zealand Immigration departments to ensure each application is assessed on the basis of their skills, qualifications, experience and financial background.
View their website to see if you are eligible to apply for an New Zealand or Australian Visa