Australian Immigration News
Working Holiday Visa Changes Could Boost Australia's EconomyMonday, February 13, 2012
Research initiated by the Australian Tourism Export Council (ATEC) has found that changes to the Working Holiday Visa (WHV) guidelines could boost annual GDP by up to AUD$700 million over 10 years and help fill the regional labour shortages. The ATEC has been advocating for changes to the Australian Working Holiday Visa requirements to have the tourism industry included in the 'regional' classification of work experience which would allow working holiday makers to extend their visa by 12 months if they worked in the industry for a minimum of 88 days. Current data shows that of those who complete this required period of regional work, 95 percent actually extend their stay in Australia. According to ATEC Managing Director Felicia Mariani, ATEC's analysis shows that adjusting the eligibility settings for the Working Holiday Visa brings significant economic benefits that would extend throughout Australia to many sectors of the economy. "This measure alone is expected to deliver over AUD$28 million annually in additional GDP," she stated. If implemented, this change would likely result in an increase on the AUD$2.3 billion already being spent by working holiday makers in Australia, particularly in regional areas that need this boost the most. Working Holiday makers also bring much needed labour supply to regional Australia where the pressure to attract workers into tourism businesses threatens their viability. The study shows that there are 162,000 working holiday visas issued each year in Australia. "Every hundred travellers arriving under this visa category creates 6.3 full time equivalent jobs in Australia's wider economy. With current visitor numbers under the WHM program, this would equate to almost 11,000 FTE jobs in Australia". ATEC is working on a position paper to present to the Australian government that recommendes changes to the Working Holiday and Work and Holiday visas which include:
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