With the strengthening Australian dollar, a low unemployment rate of around 4.4% and Australia’s resilient economy, a move down under has become even more appealing to experienced professionals looking for their next new role. Having recently transferred from Morgan McKinley London to our Sydney office, there are several points I recommend you consider before boarding the plane:
The choice of visa will greatly dictate the type of positions you are eligible for and when to start looking.
Australian visa regulations are constantly changing, please check the most up to date information with the Australian Immigration.
Speak to your global recruiter who can introduce you to their consultants in Australia with specialist knowledge of the current market trends. Generally if you work within investment banking, Sydney maybe the choice for you as the majority of investment banks are based here. The main retail banks are split between Sydney and Melbourne. Finance professionals looking for positions with commercial organisations with head offices of multinationals could consider relocating to Melbourne, Sydney and Perth.
Securing a contract before you arrive can be difficult for 417 visa holders as companies often interview and require a start within two weeks. However, be proactive and make yourself known to recruiters so they can look out for relevant positions for you.
For Permanent Resident visa holders, recruiters may be able to secure your role before you arrive. This includes sourcing your ideal position, managing the interview process and negotiating at offer stage. Negotiating your relocation costs is a key part of the process and can take the sting out of the costs associated with international relocation.
Whatever you decide, Australia has a world of opportunity in the employment market and the time has never been better to make the move. For information on remuneration for professional roles in Australia, view our Sydney Salary Guide and Recruitment Market Updates. To find out more about professional roles through Morgan McKinley in Australia, please contact