Australia’s Life Science industry is booming, with 240,000+ people employed across more than 165 ASX-listed companies, with a total market capitalisation close to $300 billion. As the industry continues to thrive, the demand for skilled workers is only increasing, creating new opportunities not only for Australian citizens, but also for overseas workers looking to relocate.
In this article, we’ve outlined 10 reasons to relocate to Australia and work in this thriving Life Science industry…
Strong Economy and Low Unemployment Rates
Australia has the 13th largest economy in the world, and despite being home to just 0.3% of the world’s population, the country accounts for 1.6% of the global economy. Because of this, Australia offers one of the world’s highest minimum wages whilst having a low unemployment rate of just 4%. Although the cost of living in the country can be high, providing some of the best average salaries in the world keeps living standards in the country up.
Huge Push for Highly Skilled Workers
With demand for highly skilled workers in the country at an all time high, the Australian government has introduced numerous schemes to attract specialised talent from overseas, such as the Global Talent Visa.
One of the target sectors for the scheme is the Health and Life Sciences industry, with the government seeking talented individuals working across MedTech, Biotechnology and Pharmaceuticals, Medical Research, Disease Management, and Health IT. So, for those living outside of Australia and hoping to relocate, the Global Talent Visa provides an excellent pathway to employment.
Whether you’re looking to work in Australia temporarily or permanently, there are numerous other visa pathways available, creating ample opportunity for employment across the country.
World-Class Healthcare System
Australia has one of the world’s best healthcare systems. The country’s universal health care scheme Medicare, and the public hospital system, provides free or low-cost access for Australians to most health care services. Another key part of Medicare is the Pharmaceutical Benefits Scheme (PBS) which makes selected prescription medicines cheaper for Australians.
Excellent Quality of Life
In the 2020 Human Development Report compiled by the UNDP, Australia ranked 8th in the Human Development Index; “A composite index measuring average achievement in three basic dimensions of human development – a long and healthy life, knowledge and a decent standard of living.”
The country also ranked highly in the Gender Development, Gender Inequality, Quality of Human Development, Life-Course Gender Gap, Women’s Empowerment, Environmental Sustainability, and Socioeconomic sustainability indexes. Under all these umbrellas, Australian citizens experience an excellent quality of life and standard of living.
Successful Multicultural Society
Australia is home to one of the world’s most successful multicultural societies. Since 1945, almost 7 million people have migrated to the country, and in 2013, overseas migration represented 60% of Australia’s population growth. Relocating to such a hugely multicultural society brings with it the opportunity to learn from the cultural exchange of new ideas, values, experiences, and more; all of which have been found to boost creativity, innovation, and open-mindedness.
High Levels of Safety and Security
Australia has a global reputation for being an overall welcoming, friendly and safe country. It ranks 16th in the Vision of Humanity’s Global Peace Index; the world’s leading measure of global peacefulness, measuring the state of peace across the level of societal safety and security, the extent of ongoing domestic and international conflict, and the degree of militarisation. Sydney is also one of the safest cities in the world, ranking 4th in The Economist’s 2021 Safe City Index, closely followed by Melbourne in 8th.
Plenty of Opportunities for Study
Australia is home to more than 22,000 courses of study across 1,100 educational institutions, including some of the world’s highest ranking institutions across Engineering, Technology, Medicine and more. This makes the country an ideal location to continue your education at any level, regardless of where you in your career journey.
One of the more obvious reasons to relocate to Australia is of course the sunny weather. Although the weather varies across the country and is dependent on the season, the country often experiences high temperatures of up to and sometimes above 40 degrees.
Great Range of Outdoor Activities
With many of Australia’s cities being home to or close to some of the world’s best beaches, the country has plenty of outdoor activities to offer. From taking a walk along the beach to snorkelling the Great Barrier Reef, there are plenty of ways to unwind in every state depending on what you enjoy.
Start Looking for Your Next Life Science Job in Australia…
Take a look at some of the latest Life Science roles in Australia on PharmiWeb.Jobs/au.