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1970/01/01

PwC Report: Our diaspora’s got talent

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Despite having a growing expatriate community in Asia, Australia is not doing enough to engage and utilise this talent according to a new PwC report released earlier this month.

The report, “Our diaspora’s got talent-Australia’s advantage in Asia”, provides a great summary of Australia’s challenge to foster, prepare and deploy its talent in Asia. Data suggest that by 2030 there will be around 450,000 Australians living and working in Asia, representing 33% of the total expatriate community, up from around 20% today.

According to PwC Australia Partner and Japan Practice Leader Jason Hayes: “Australians from every field are doing great things in Asia and have been doing so for some time now. Our expatriate workforce is also rebalancing away from the US and UK towards Asia, so the good news is this community is only going to get bigger. This highly educated and global savvy workforce can be harnessed to help produce a more Asia-ready Australia, but we need leadership from the government, education and corporate sectors to make this happen”.

The report provides a series of recommendations that have been formulated in conjunction with a panel of 12 Australian expatriates including CEO of Blackmores, Christine Holgate or CEO of the M Restaurant Group Michelle Garnaut, both of which are AustCham Shanghai member companies.

Click here to download the full report.