For Recruiters

Frosty reception in overheating Sydney

Fancy taking your talents to Australia's finance centre? They may not be well received.

Jobseekers commenting on an article on our Australian site accuse Sydney's finance recruiters of short-sightedness and inflexibility.

On one hand, Australia's 4.5% unemployment rate means the country is crying out for skilled financiers who've spent time abroad. On the other, it seems bankers coming into the country aren't being hired because they've got no experience of the local market.

Here's a fairly typical posting:

Having just returned from a tour of Asia (3+ years), now I am in the Oz job market, thus far I have been told on numerous occasions that:

i) My skills and level of experience are too high for Australia and I should head to New York.

ii) I am a threat to anyone more senior to myself in an organisation.

iii) I do not have enough pieces of paper.

iv) My knowledge could show up fellow staff.

Recruiters commenting on the thread admit there's a problem - with their banking clients, who are often averse to taking a risk on overseas hires.

· See: Plenty of jobs, no candidates

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  • Al
    Alex.IB
    30 May 2007

    If the Aussies think they can do a better job than the foreigners, why are they flooding the UK? Oh, and speaking of talent and work ethic, how many Aussie Directors or bankers has 1 come across? Don't personally see the Australian market going anywhere with its current outlook.

  • An
    Anonymous
    29 May 2007

    In response to the first poster, why would we want foreigners doing our best jobs when we can already do them ourselves? Ask any Aussie that has been to London how (negatively) surprised they were with the English work ethic and you can see why they arent rushing to get outsiders in to do Aussie jobs.

  • an
    anon
    24 May 2007

    And this is assuming you already have a work permit or are a returning Australia. The UK may be full of Aussies on working Visas but you won't get very far trying for permanent residency on sponsored work visas over there.

    Unless you are a Chef, or plumber of course and fit the crazy points system - which the UK has just copied...funny that

  • An
    Anonymous
    23 May 2007

    Australians adverse to foreigners entering their country? Surely not.....

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