Many young people who are eager to discover what the world has to offer tend to settle for an adventure in Australia. This sovereign land is the largest of its kind in the Oceania region and the sixth-largest landmass in the world.
All You Need to Know about Working and Living in Australia
The country’s work environment is relatively low-risk, and for this reason, it attracts many investors, entrepreneurs, and workers. It also boasts of an incredibly stable economy and political system.
However, these are only a few of the reasons why people choose to call Australia their home. Here is all you should know about working in Australia before you decide to make the move.
Population and Geography
Despite Australia’s large surface area, only 25 million people live in the country. More than 80% of the population live near the coastal areas, whereas the rest live in Australia’s great outback.
The outback is the remote interior land of Australia. This region is characterized by an intense and arid climate, natural flora, and diverse wildlife. Unless you plan on working in industries such as tourism or pastoralism, the outback has limited business opportunities, which explains the lack of population in this area.
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However, surrounding Australia’s endless kilometers of coastal shores, you can find vastly urbanized and cosmopolitan cities like Melbourne, Sydney, and Perth.
Logistics and Migration Process
Undoubtedly, the country has a lot to offer, but before you decide to move, there are a few logistics that you will need to sort out first.
More specifically, as an ex-pat, you will need to research things like obtaining a visa, tax number, and healthcare in Australia. To live and work in Australia, you will need the correct work permits.
These visas can vary according to skills, nationality, and type of work, so make sure that you get the right one. The best way to ensure that you have all the correct paperwork before moving is to contact your local Australian embassy.
Another crucial aspect of working in Australia is your TFN (Tax File Number) that can be obtained by submitting an application to the Australian Tax Office. This is an extremely important document that you will need for work.
If you start working before you have your TFN and you don’t submit it within a 28-day window, your employer will have to deduct the highest tax rate from your wages – a whopping 47%!
Finally, if you are an ex-pat you will be expected to cover your own healthcare costs, therefore private global medical insurance is highly recommended.
Career and Business Opportunities
The best city in Australia for job opportunities is its largest – Sydney. Over five million residents reside in Sydney, and it is also the most expensive city in the nation.
The real estate prices in this region are on par with New York, although its thriving economy and average salary wages are also reflective of this high cost of living. The average price for a studio apartment in the city center costs around 1,600 AUD.
Younger nationals and ex-pats tend to opt for inner-city living, whereas older, more settled, individuals prefer the surrounding suburbs. Its most lucrative sectors include the financial, communications, technology, and creative industries.
More than half of all Australian tech startups are based in this city. Companies like Apple, Facebook, and LinkedIn have also based their hubs here. Not only this, but the city also has over one hundred beaches and a thriving social scene.
Other great places to start a career include Australia’s cultural capital Melbourne, Brisbane, Perth, and Adelaide.
Melbourne is similar to Sydney and is home to some of the nation’s largest corporations and universities.
Brisbane is renowned for being a major business hub with strong ties to the IT, electronics, manufacturing, tourism, and public sectors.
Perth is home to many retail, agriculture, finance, and tourism industries.
Although Perth is rather isolated in comparison to the other large cities, it has been ranked as one of the most livable cities in the world, scoring a whopping 100% on factors like healthcare, education, and infrastructure.
Finally, Adelaide is the city of choice for many festivals and sporting events in Australia. The city thrives in the defense, electronics, and manufacturing industries.
All of these cities share some common characteristics; they enjoy ample job opportunities, multi-cultural populations, and beautiful geographic settings.
Australia isn’t just a beautiful place to live and visit, it’s also a great place to work and earn some money.
The country has a collaborative and modern mindset in conducting business. Make sure you have all of your correct paperwork and get stuck in.
Australia’s cities are safe, social, and full of culture. They make attractive destinations for both old and young generations.
Whichever city you choose to settle in, you are bound to embark on the adventure of a lifetime.
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