Economic Growth Means More Immigration Opportunities in Australia
15/10/2009
Australia is the first G20 State to raise interest rates 0.25 percent to 3.25 percent since the worldwide economic downturn began. Australia's unemployment rate has also gone down from 5.8% to 5.7% in September and GDP rose 0.6 percent in the second quarter.
Economic conditions in Australia are better than expected largely due to growth in China an important trading partner for Australia. Another sign of growth in the Australian economy is the recent increase in house prices.
In the last two years Australia's economy has done much better than the economy in many other Countries and is said to be the only advanced economy that did not go into recession in the last year.
The previous interest rate of 3% had been the lowest rate in Australia in the last 49 years.
The Reserve Bank of Australia is worried that the Australian economy may be growing too quickly and has said that interest rates are likely to rise further in the next few months.
The Reserve Bank said:
"With growth likely to be close to trend over the year ahead, inflation close to target and the risk of serious economic contraction in Australia now having passed, the board's view is that it is now prudent to begin gradually lessening the stimulus provided by monetary policy."
Economic growth in Australia means increased skills shortages and more opportunities for migrants to Australia. Many professional and trades people occupations are in demand in Australia.
Thinking of emigrating to Australia well Emigrating Solutions can help. Emigrating Solutions is a British based company with offices in Australia and Canada with specialised Migration Lawyers totalling over 30 years experience they are MARA, MIA and CSIC Registered.
Unlike most other Migration Agents Emigrating Solutions don’t charge large upfront fees and offer a free telephone consultation/evaluation of your circumstances.
Emigrating Solutions are large enough to handle your visa but small enough to still care on a personal level. Over the years they have made the dream of living and working in Australia a reality for countless families, individuals and couples.
You can call Emigrating Solutions on 08454 63 63 24 or visit www.emigratingsolutions.co.uk
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