Sixty-one percent of Australia’s top 50 startups were founded by immigrants or children of immigrants, according to the 2016 StartupAUS Crossroads report.
Despite this, the local tech industry is up against strong headwinds from the government when it comes to hiring skilled technology workers from overseas.
In recent weeks, both major political parties have proposed tougher restrictions on Australia’s 457 visa system, which allows businesses to sponsor skilled foreign workers for up to four years.
The timing, so soon after the election of the outspokenly anti-immigrant President-elect Donald Trump in the U.S., has shades of political opportunism. It also comes amid the increasing power of the right wing One Nation party locally, sending ministers stumbling to “put Australia first.” Read more…