Key Points
- The H-1B Visa program is a cornerstone of the workforce of the United States, giving 85,000 employees access every year.
- In the past five years, important players in the technical industry of Australia have called for the government for a sector boost.
- Experts said that the US decision offered a “huge” opportunity for Australia to gain access to high -level talent.
While Trump clamps on foreign talent and closes the door to nearly 100,000 employees a year, can Australia open his?
A ‘opportunity’ for the technical sector
In 2024, the largest cohort consisted of migrant appointments from temporary students, consisting of 207,000 of a total of 446,000 in the twelve months to June 2024.
“Technology is now the third largest industry in Australia, and with AI who transforms every sector of the economy, the chance is greater than ever … We just have to move fast enough to capture the full chance for us.”
‘I don’t think we will be the new Silicon Valley’
Boucher said that findings from a study from 2019 on migrant interests and motivations discovered that Australia had some draw cards for potential skilled employees outside the visa system, including that the weather was less expensive and had good weather compared to the US.
“I don’t think we’ll be the new Silicon Valley.”
Issues for migrants
“It’s like starting all over again,” he said.
The report showed that every state and territory would benefit financially if migrating employees would have access to suitable work results, whereby the authors of the report estimate that the Australian economy could lose $ 9 billion a year.
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