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A2Z Academy


A2Z Business Training Institute
RTO Code: 52793

How Important is Business Migration To Australia

How Important is Business Migration To Australia

Global Business Training Sep 19, 2016

 Australia needs migration and needs more entrepreneurs and innovators to pave the way for strategic economic development for the next decade.

Leading from our blog previously on migration some interesting info obtained from Migration Program Statistics is as follows:

 

Data on Permanent Migration Program Outcome for 2015 – 16 delivered a total place of 189,770

Of which Skill Category was 128,550 (67.7%)

 

Streams

Total

%

Skill

128,550

67.7%

Family

57,400

30.2%

Special

308

0.2%

Child

3,512

1.9%

Total

189,770

100%

Source: Migration Program Statistics

 

Clearly the Business Innovation Category is just around 3.8% of the Total and 5.6% of the Skilled Migration category. This represents an approximate drop of 9.7% in this category compared with Period 2014 – 15.

Sponsor - Skill

Total

% of Skilled

% of Total

Employer

48,250

37.5%

25.4%

General Skills

72,840

56.7%

38.4%

Business Innovation

7,260

5.6%

3.8%

Distinguished Talents

200

0.2%

0.1%

Total - Skill Category

128,550

100%

67.7%

                                              Source: Migration Program Statistics

 

Decline in Business Innovation and Investment Program (BIIP) is certainly alarming and needs development in strategic policy & attractiveness to woo innovative business leaders and entrepreneurs.

 

 



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