
1 minute read
KAPS
from 2012-05 Melbourne
by Indian Link
Advanced Diploma of Management
Commo n wealtl, bank etc., s cramble to make the employment opportunities here more exciting for their potential employees from India. Not being able to package part of tl1eir salary package und er LAFHA and still bearing the full costs of public school education for tl1eir children or their Medicare costs, makes Australia a less attracci\·e destination for these employees whose skill sets are in demand globally.
As an Indian Australian community, we lose our on a new se c of educated and ethical furure nugrants; as Australians, we mis s out on attracting cop talent down under.
The l'vfinister for Immig ration and Citizenship, Chris Bowen i\1fP, has just returned from India where he reaffirmed the importance Australia places o n its longstanding bilateral relation slup with India.
But it seems chat his colleagues in Canberra are not of the same mind as they implement new taxes on a large number of Indian workers on 457 visas, by taking away tl1eir LAFI-IA benefits.
Whetl1er this effects the Australian economy in a similar way as me changes to tl1e eel ucation policy, ouly time will cell.
Bue one suspects, these increased costs will be passed on to me Australian clients by their Indian IT suppliers, wh ich tl1en will be paid by me local cons urn e r.