The Australian economy is one of the largest and most dynamic mixed-market economies in the world.
Abundant with opportunities for skilled, capable professionals and tradespersons, the IMF predicted that Australia would become the best performing major advanced economy in the world over the coming decade.
Supported by a strong professional services sector, steady economic growth (Australia is a global growth leader), a burgeoning import export market (15th largest in the world) and a high global demand for professional services supplied by Australia to the global market (including finance, insurance, engineering, legal and corporate advisory), Australia remains the world’s most attractive destination for career professionals seeking job satisfaction, career advancement and professional development.
With a strong legal system and entrenched workplace rights, Australia provides one of the world’s most secure work environments in both the professional and vocational workplace sectors.
Key Considerations (Wealth and Security);
Australia's per-capita GDP is fifth in the world (IMF 2011) higher than that of the UK, Germany, and France in terms of purchasing power parity
The country was ranked second in the United Nations Human Development Index (2011) and sixth in The Economist worldwide quality-of-life index (2005)
According to the 2011 Credit Suisse Global Wealth report, Australia has a median wealth of US$222,000 ($217,559), the highest in the world
The proportion of those with wealth above US$100,000 is the highest of any country – eight times the world average
Credit Suisse has confirmed the Australian Average Wealth at $US397,000, the world's second-highest after Switzerland
One of the few economies that escaped relatively unscathed after the Global Financial Crisis (2008) and 0ne with a history of security from global instability
Key Considerations (Workplace Security and Protections);
One of the highest minimum wage thresholds at $ 16.40 AUD per hour
A strong legal system protecting key workplace rights
Protections afforded by the National Employment Standards
A strong commitment by employees to best-practice HR management
Fair, independent and transparent hiring processes guaranteed by law
A focus on skills, adaptability and critical thinking in the hiring process, allowing expatriates and those with international experience a high level of access to opportunities
A competitive market for employers in terms of skilled professionals and market leading salary packages
Minimum award rates and market-rates for industry and tertiary professionals per occupation, ensuring that employees are cognizant of the going market rate for their services