Business World

Australia to welcome top overseas talent

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HUNDREDS of overseas workers could be welcomed to Australia in the next 10 months, under travel exemptions for holders of a government visa created to aid the post-pandemic recovery — even as tens of thousands of its own citizens remain stranded overseas.

The exemption will streamline entry requiremen­ts to allow the rapid relocation of workers critical to establishi­ng a business in Australia. Fewer than 500 exemptions are expected to be granted to holders of the temporary Activity (subclass 408) “Post COVID-19 Economic Recovery Event” visas during the next 10 months, before the program is designed to expire.

“This government’s initiative­s to bring top talent to Australia are cementing our economic recovery,” Home Affairs Minister Karen Andrews said in an emailed statement. “Returning Australian­s remain the priority, however this automatic travel exemption recognizes the importance of significan­t investment.”

At the start of the pandemic in March 2021, Australia implemente­d a ban on non-citizens and non-residents from entering the nation that’s exacerbate­d skills shortages in some key industries and services. Strict caps have also been placed on its own citizens; as of late July, some 38,000 Australian­s were still stranded abroad.

The measures, some of the strictest in the world, earned the country the nickname “Fortress Australia.” In recent months, the government cut internatio­nal arrivals by 50% and barred nonresiden­t citizens who enter the country from leaving again to reduce pressure on a quarantine system that’s being tested by the Delta variant.

That strain seeded itself in Sydney in mid-June; now around half the nation’s population of 26 million people are in lockdown as authoritie­s seek stem an outbreak that’s infecting more than 1,500 people a day. New South Wales, the most-populous state, is seeking to start remove lockdown restrictio­ns and start allowing internatio­nal travel again later this year when vaccinatio­n thresholds are reached.

The government’s automatic exemption for skilled non-Australian­s will be restricted to businesses deemed by the Global Business and Attraction Taskforce as likely to make a significan­t contributi­on to economy, including investment value and job creation potential. Arrivals will still need to meet all standard health requiremen­ts and quarantine protocols, as administer­ed by states and territorie­s.

“These visa holders are bringing the skills, investment, and new ideas that employ Australian­s and keep us internatio­nally competitiv­e for years to come,” Ms. Andrews said in the statement. “They’re adding to our economy, generating new jobs, and contributi­ng to our tax base so we can continue to provide the essential services all Australian­s rely on.” —

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