WSJ: Australian Startups Hope New Migration Strategy Fills Skills Shortages
Australia’s immigration overhaul aims to cool down the post-pandemic population boom and ease the strain on housing. While the number of incoming migrants is expected to drop by 14% over the next four years, eco-friendly businesses see a ray of hope. They believe this shift will attract top talent in green tech and other specialized fields, helping Australia compete with countries like the US for these valuable minds. Instead of simply bringing in more people, the government is prioritizing quality over quantity, focusing on expertise in areas like renewable energy. This new visa category could be a game-changer for small businesses in these sectors, allowing them to attract the talent they need to thrive and stay competitive on the global stage.
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