Working in Australia: Tips to help you get there

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:
Visa options
The choice of visa will greatly dictate the type of positions you are eligible for and when to start looking.
•Working holiday / 417 visa is the easiest and quickest to obtain, allowing you to work up to one year in your chosen profession as a contractor. It can be extended for another year if you complete 3 months undertaking agricultural work. Entering as a contractor is a great way to gain experience in various organisations. If you are proven as a valuable asset then direct sponsorship could be offered.
•Business sponsorship / 457 visa is suitable for professionals seeking a permanent position, but sponsor from a company is needed.
•The Permanent Resident (Skilled Migrant – 175 visa) is a points based system. This can take over a year for approval.
Australian visa regulations are constantly changing, please check the most up to date information with the Australian Immigration.
Choosing the city
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.
Finding that perfect role
Securing a contract before you arrive can be difficult for 417 visa holders as
companies often interview and require a start within 2 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.
When to go?
•Australia’s financial year runs from 1 July – 30 June, so if you’re looking for temporary contracts with a technical financial reporting role, then you’ll want to be here in May.
•For commercial roles focused around analysis, budgeting and forecasting, then we generally see an increase in these positions in August.
•The recruitment industry in Australia slows down from mid December to mid January so this is not a recommended period if you need to start ASAP.
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 2011 Salary Guide and Hiring Market Update.
To find out more about professional roles through Morgan McKinley in Australia, please contact:
•Scott MacMorland, Morgan McKinley Sydney +61 (0)2 8986 3131
•Nicole Buendia, Morgan McKinley London +44(0)207 092 0199

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:

Australian Visa options

The choice of visa will greatly dictate the type of positions you are eligible for and when to start looking.

  • Working holiday / 417 visa is the easiest and quickest to obtain, allowing you to work up to one year in your chosen profession as a contractor. It can be extended for another year if you complete 3 months undertaking agricultural work. Entering as a contractor is a great way to gain experience in various organisations. If you are proven as a valuable asset then direct sponsorship could be offered.
     
  • Business sponsorship / 457 visa is suitable for professionals seeking a permanent position, but sponsor from a company is needed.
     
  • The Permanent Resident (Skilled Migrant – 175 visa) is a points based system. This can take over a year for approval.

Australian visa regulations are constantly changing, please check the most up to date information with the Australian Immigration.

Choosing the city

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.

Finding that perfect role

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.

When to go?

  • Australia’s financial year runs from 1 July – 30 June, so if you’re looking for temporary contracts with a technical financial reporting role, then you’ll want to be here in May.
  • For commercial roles focused around analysis, budgeting and forecasting, then we generally see an increase in these positions in August.
  • The recruitment industry in Australia slows down from mid December to mid January so this is not a recommended period if you need to start ASAP.

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

Gerald FitzGerald's picture
Chief Operations Officer Ireland
gfitzgerald@premiergp.com