After experiencing the pain of global recession, Australia seems to be getting back into shape with the number of job vacancies rising. This has been the first sign of recovery in the last sixteen months and consumer confidence, according to Sensis Consumer Report, also went up by 39%, the highest increase since last year. Many people believe that the economy will grow in the next months, but businesses and consumers need mutual confidence to keep the economy progressing. Along with signs of an improving economy, GBP records are positive and the Australian dollar has been strengthening against the US dollar, UK pound and Euro. In recent weeks, the British pound has been trading at around the two Australian dollar mark.

A healthy economy encourages new investors to come in, businesses are booming, which results in a requirement for more labour and more labour means a high employment rate. Ultimately, a high employment rate means more job vacancies, which is where immigrants come in. The construction industry has not yet fully recovered, but it’s getting there, while other trade occupations are currently experiencing shortages. Australia is currently experiencing various skill shortages, a situation that is expected to continue for some time, since Australia is only starting to fully recover. The country presently has a high demand for skilled immigrant workers and Australian immigration is expecting more applicants to have their papers processed so they can work in the country.