The government has released its new list of occupations eligible for temporary skilled migration to Australia, due to skills shortages.
The Core Skills Occupation List, published on Tuesday, covers hundreds of jobs, including in the construction, agriculture, cyber security, health and education sectors.
The CSOL is based on labour market analysis and consultation undertaken by government agency Jobs and Skills Australia.
It is designed to attract skilled migrants “who will make a significant contribution to the Australian economy” across positions where the country is facing shortages.
Financial investment advisers were also among 456 occupations to make the list, out of a list of over 700 potential roles.
There are around 15,505 financial advisers in Australia as of 5 December, according to numbers from Wealth Data.
With a high consumer demand for financial advice, last month the Financial Advice Association Australia announced in November that it would help the shortage by signing of an international memorandum of understanding with FPSB India.
Indians living in Australia are the second-largest group of immigrants to Australia, according to the Australian Bureau of Statistics, FAAA chief executive Sarah Abood said it was an “area where clearly there are a lot of financial planners and students”.
The CSOL is now another step towards reform for Australia's migration system, with the list set to apply to a new Skills in Demand visa, which will replace the Temporary Skill Shortage on 7 December, with more details to come.
