0057 Australia Japan Business Co-operation Committee
- Submitterʼs name
- Australia Japan Business Co-operation Committee
- Submitted on behalf of
- Professional body or industry association
About the submission
- Please identify which occupations your submission relates to:
- All 670 occupations
1. Are there additional labour market factors, for which there are national datasets available (ideally aligned to 6-digit ANZSCO occupation level), that are relevant to future refinements to the Departmentʼs analysis and methodology?
What is the frequency of data release?
2. The Department is also seeking submissions on suitable datasets that are disaggregated by region. Please provide details if you are aware of such a dataset, including whether it is aligned to ANZSCO occupations and how often the dataset is updated.
3. Is there any other advice or evidence that the Department should consider in its review of the methodology?
- Submissions - Australia-Japan Business Co-operation Committee
I am making these submissions in my role as President of the Australia-Japan Business Co-operation Committee, a not-for-profit organisation that was established 55 years ago. These submissions have been informed by discussions with the Japan-Australia Business Co operation Committee and the Japanese Chamber of Commerce and Industry.
The datasets that have been included in the proposed methodology appear to promote a policy that seeks to allocate temporary skilled visas in a way that reduces competition for jobs between local and overseas workers. With such a strong focus on existing opportunities in Australia without taking into account the benefits of jobs growth from foreign investment we are concerned that the proposed methodology risks implementing a system that will deter Japanese investment in Australia and ultimately be damaging to the Australian economy. It is important that any changes to the skilled workers visa regime do not risk future benefits to the Australian economy from Japan's investment here.
Japan is currently Australia’s second largest export market and second largest source of foreign direct investment - and its investment continues to grow. Japan is one of Australia's best supporters and the relationship between the two countries continues to be critical to the Australian economy. In order to encourage Japanese investment and jobs growth in Australia it is important that datasets are included that identify and promote Japanese investment in Australia so that temporary skilled visas are allocated to Japanese people where we need them.
Japanese skilled workers are often transferred to Australia in positions aimed at investing in Australia, rather than jobs that are in competition with local workers. The importance of these roles has been acknowledged by the express terms of the Japan Australia Economic Partnership Agreement ("JAEPA"), entered into in 2015. Specifically, Annexure 10 Specific Movement on the Movement of Natural Persons of the JAEPA provides for the granting of entry and temporary stay of up to four years for intra-corporate transferees. Intra-corporate transferees are Japanese nationals assigned from a multinational company’s entity to another entity of the same group in Australia. They make it easier and quicker for multinational companies to temporarily assign highly skilled employees to subsidiaries situated in Australia. It would be of great concern if the changes announced to the visa system impacted on these placements.
We urge the Department of Employment to consider the inclusion of datasets that identify the movement of intra-corporate transferees from Japan to ensure compliance with JAEPA and promote the continued economic growth and prosperity of the bilateral relationship between Japan and Australia.
Sir Rod Eddington AO
- Do you have any supporting material for your submission?