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GUEST COMMENT: Why it’s time to move Down Under


COMMENTS

I'm here in Sydney, let me tell you I can't wait to get back to the UK. Small market even smaller mindsets, not worth it unless you really can't get ANYTHING in the UK.  Read all comments »

Since the financial crisis erupted in 2007, we’ve been seen increasing numbers of British-based people seeking to move to Australia and New Zealand.

Hays now has up to 200 enquiries a week in the UK from people seeking work in Australia and New Zealand. 20% of these are people from Australia and New Zealand who have used the downturn to reassess their priorities and decided they’d rather be closer to their families, or who can’t find opportunities here. But 60% are people from the UK and Ireland who are looking for new lives Down Under.

The appeal of the Antipodes is clear. Australia is the only developed country that has not technically entered a recession; this, coupled with its appealing weather and lifestyle has made it an increasingly popular choice for British migrants looking to flee the challenging British employment market. According to our latest research, the number of Brits seeking jobs in Australia and New Zealand has risen by 20% in the past year.

The Australian employment market is comparatively buoyant and there remains a demand for people with specialist skill sets. Headcount freezes are lifting and we are beginning to see more vacancies for short and long-term temporary staff to work on new projects or to clear backlogs. Employers are starting to recruit staff that can drive more revenue, minimise risk and improve business processes. The focus is namely on replacement or restructuring hires. In particular, international companies are looking for professionals with experience of business turnarounds.

British professionals considering a relocation need to investigate their sector and gain an understanding of if and where their skills are needed. Unfortunately, it is largely only individuals with very specialist skills who will be able to get through the strict immigration policies.

Cost accountants, financial and commercial analysts and internal auditors are all currently in demand within the commercial sector. Supervisors, managers and senior managers are in demand across taxation and business services. The public sector seeks management accountants with public sector experience, systems accountants and processing staff.

For further information, contact Rachel Baldy at Hays Globalink (Rachel.Baldy@Hays.com).

COMMENTS

David, Investment Banking / M & A,  Mon 09 Nov 09

I'm here in Sydney, let me tell you I can't wait to get back to the UK. Small market even smaller mindsets, not worth it unless you really can't get ANYTHING in the UK. USA or Europe maybe a better bet.

All the best.

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Mr. Frank White, Quantitative Analytics,  Mon 09 Nov 09

Yiddi yaddi yadda.

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GG, Equities,  Tue 10 Nov 09

To summarise the facts in the article:

Even if you manage to get past the near impossible immigration rules you are then only likely to get a role in an accounting or back office finance type function.

Dont waste your time, most ex City ppl have no chance of getting a job of any quality out here.  Just ask the returned expats like myself who are absolutely struggling.

Despite what we are led to believe, international experience counts for very little out here.

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noone, Accounting & Finance,  Tue 10 Nov 09

'Australia is the only developed country that has not technically entered a recession'...where did you get this? Au has been affected from the recession big time. -work in Asia-. if you are aussie or kiwi and want to go back for family reason ok but to find a job or a better one don't think would be the right time now unless you have 'specialist skills set'= picking fruits / cooking good pasta.

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GG, Equities,  Tue 10 Nov 09

Technically Oz did not go into recession, but if you work in finance it may as well have.  I have bulge bracket London City experience on my CV and good qual's, but not even close to getting a job at the moment.  Australia is too small and too well networked in times like this to rely on anything but who you know...unless you want to work in the back office or in some drab accounting function, which recruiters like the one who wrote this article will try and push you into.

I should have stayed in London!!!

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Tie me kangaroo down sport, Information Technology,  Tue 10 Nov 09

Karma is a bitch innit?
Speaking as a humble software developer I had no problem finding work and getting sponsored. My well to do ibanking colleagues are swiftly finding that their unique skills of sitting at a desk phoning people they know or watching the little number go up or down during a credit boom are only really usefull within a 10 mile radius of tower bridge. Enjoy the rain ;-)

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XYZ, Research,  Tue 10 Nov 09

Totally agree with the 1st comment!

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Kv, FX & Money Markets,  Tue 10 Nov 09

Australia was saved from recession by China's stimulus packages. Once the property and stock bubbles pop in China, the ripples will spread across Asia.

I was in Australia March 09 and the mining sector ground to a halt, with FMG almost going under but for some creative deals.

Australia is patting itself on the back too early.

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Elle, Capital Markets,  Tue 10 Nov 09

International experience does not count for anything down here.  I'm an expat that returned in August. After three months of pounding the pavement, I managed to get a job, in Asia.  If you're in London, stay where you are because, although bleak, your prospects are better there than in Australia.

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liam, Asset Management,  Wed 11 Nov 09

28 degrees and sunny today!

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