New study reveals migrants drive Australian economy, filling critical roles and surpassing national median income
A recent study conducted by Pearson, a global learning company, unveils the pivotal role migrants play in bolstering the Australian economy. Contrary to common misconceptions, migrants quickly integrate into the workforce, earning substantially higher than the national median income shortly after settling in Australia. This phenomenon is largely attributed to the country’s esteemed education system, which entices 72% of Indian students to choose Australia for migration.
Australia grapples with a burgeoning skills shortage exacerbated by demographic challenges like an aging population and dwindling productivity growth. The government’s Migration Strategy, unveiled in December 2023, underscores the urgent need for highly skilled migrants and lower-skilled workers, especially in critical sectors such as healthcare.
The Pearson Migrant and Student Study (PMASS) aligns with the government’s Migration Strategy, indicating that migrants who have undergone the PTE (Pearson Test of English) are more likely to be employed in vital fields compared to the general population. Notably, a significant proportion of these migrants are engaged in aged care, nursing, and software development roles.
India emerges as a leading source country for Australian migrants, driven primarily by the allure of top-notch education, the country’s reputation for safety and inclusivity, and promising employment prospects post-graduation.
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The research underscores the reciprocal benefits of migration, with migrants expressing high satisfaction levels with their lives in Australia and harboring hopeful aspirations for their futures
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Learning English emerges as a linchpin in facilitating positive migrant experiences, fostering integration into Australian society and enhancing opportunities for employment and community engagement
Furthermore, the study highlights the trajectory of migrants’ economic contributions over time, with PTE test-takers boasting a median income of $93,000 per annum, eclipsing the national median. This influx of skilled migrants not only enhances productivity but also generates economic benefits, as evidenced by recent OECD reports.
Sasha Hampson, VP of PTE Global Stakeholder Relations at Pearson, underscores the indispensable role of skilled migrants and international students in fortifying Australia’s economy and societal fabric amid native skill shortages.
Additionally, the research underscores the reciprocal benefits of migration, with migrants expressing high satisfaction levels with their lives in Australia and harboring hopeful aspirations for their futures. Learning English emerges as a linchpin in facilitating positive migrant experiences, fostering integration into Australian society and enhancing opportunities for employment and community engagement.
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