Rich Harvey

speaker

1,863 appearances 17 recordings 1 series first heard Jan 2022 last heard Oct 2022

Rich Harvey’s voice in public audio — every appearance, attributed to the second.

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Aussie Real Estate Podcast · Property Buying Expats · 7 Jul 2022 podcast

You just go to a cafe or you go to a shopping centre or go to the airport, try to get through security and it's a nightmare, right?

There's just not enough staff at the moment to do all the jobs that they need to be doing.

But particularly at the sort of the more professional end of the market, there is, again, a critical job shortage.

So it is really hampering our economic growth.

And there is a really, really significant impact on businesses.

So, you know, Australia does need to look at our policies, particularly, you know, do a proper review of all of our taxes.

But that's a big ask.

You know, a lot of expats will go, you know what, I'm sick of the opportunities here.

I've got better opportunities overseas.

I want better experience.

So I'm going to go.

You know, it is having an impact on our economy here.

Well, it's quite significant.

During COVID, Craig, we obviously shut the borders.

So our normal migration program was significantly hampered.

We normally have somewhere between 160,000 to 220,000 migrants coming into the country.

Those migrants that come into the country, they tend to rent for the first 12 to 24 months, and then they usually decide to buy somewhere.

But that tap was turned off during COVID.

But what happened in its place was hundreds of thousands of expats decided or came home.

And that kind of filled a bit of the void because probably around about a third of those expats decided to stay permanently.

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