Working in Australia
Consistently ranked near the top in worldwide quality of life indexes, Australia is a popular choice for professionals from all over the world as a location to live and work. The services sector, including Financial and Business Services, constitute nearly 70% of Australia’s GDP and employment opportunities in these fields are excellent.
If you are considering a move to Australia from Ireland and would like more information about opportunities there, Morgan McKinley can help you. We are experts in global professional services recruitment and we can not only advise you before you depart for Australia, but can also provide support when you arrive via our Sydney office.
Living in Australia – Fast Facts:
- The currency is the Australian dollar.
- Immigration plays an important role in Australian society. Almost 25% of the population were born overseas.
- Australia is rich in natural resources and is the largest net exporter of coal worldwide.
- Australia is divided into six states and two territories and has three time zones.
- The average Australian working week consists of 37 hours.
Visa and Tax Requirements in Australia
There are two types of visa you can apply for. A Working Holiday Visa enables you to work in Australia for up to 12 months, but can be extended if you seek sponsorship from your employer. There are conditions, including financial and age requirements, to obtaining this visa. A Skilled Migration Visa is granted to those wishing to move to Australia permanently and take on various skill categories.
You will also need an Australian Taxfile Number – a 9-digit number that allows you to claim unemployment or sickness benefit, should you need to, but most importantly ensures that you are not taxed on the maximum bracket of 47% on your wages. You can apply for a TFN from your nearest Australian Taxation Office once in the country, or before you depart, by doing so online at www.ato.gov.au.
You can find more information about visa requirements online through the Australian Department of Immigration and Citizenship.
Thinking about Moving to Australia?
If you are considering working abroad, international recruitment specialists Morgan McKinley can give you advice and guidance on a number of locations worldwide, including Australia.
We have been engaged with Morgan McKinley to hire a specialised senior leadership team for our company in Singapore. Having worked with other recruiters in different parts of the world we were instantly impressed by their specialist recruitment model and the calibre of the professionals who work for Morgan McKinley.
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Executive Vice President | Global Tech Company
I have worked closely with Morgan McKinley on a couple of senior level searches, MD level regional Head roles. I found that the Morgan McKinley team genuinely understands the IB market, are well networked and have plenty of tips and market expertise to share. They took the time to understand exactly what I was looking for, provided a strong steer on the candidate pool and proactively sponsored the Deutsche Bank brand with candidates. Throughout the search the team stayed in touch and helped advise on all phases of the process. I would gladly recommend Morgan McKinley to any banks looking to hire and to banking professionals looking for a new challenge. It was a positive experience.
APAC HR Business Partner | Global European Investment Bank and Financial Services Company
I have worked with Morgan McKinley for both Operations and Technology mandates. I found that their market reach, industry networks, and candidate pool is fantastic. Their ability to understand the requirements and then tailor their search according to the specific requirements, is truly appreciated. Morgan McKinley has been able to build a great partnership with us by understanding what the Bank looks for in candidates and that helps me immensely in finding the right candidate for roles at the Bank
Tech, Ops, Control function | Global American Investment Bank