Australia is arguably geographically better positioned than almost any other Western Nation to take advantage of the Asian Century.
Coupled with the fact that Australia has some of the largest supplies of resources & minerals in the world, a stable government, a strong education system, safe food & water supplies, booming tourism markets, and a strong track of capital growth among our property markets and we are well placed to take advantage of the growth of Asia in the decades ahead.
In addition, I came across an interesting term researching this article that I had not heard of previously.
Diasporas! Am I the only one who hasn’t come across this term before?
Basically, a diaspora is someone who makes a claim to a country of family origin, regardless of time away from that country. This could include new migrants, Australian-born descendants, those of mixed parentage, and temporary residents in Australia for work or study.
The Diversity Council Australia estimates that approximately 17 percent of people living and working in Australia (four million people) identify as being of Asian origin. This report estimates that the Chinese diaspora in Australia to be around 1.2 million, and the Indian diaspora 610,000. Australia’s Asian diasporas are most often well-educated and are driving new developments in knowledge-intense and technology-intense industries. They are stimulating and influencing trade, investment, technological innovation and knowledge flows between Australia and Asia. They are a potentially powerful economic force for Australia, assuming they see value in doing business with Australia , and Australians.
So what do Asians really think of Australians?
Look it is fundamentally flawed to think that one can write about the perceptions of an entire region for a country or it’s inhabitants.
However, that being said, much has been written on the topic, and with the caveat that these observations are only as useful as whether they can produce any positive change let’s run through some of the things that have been said about Australia.
In her blog article, “Diagnosing Asia’s Australian Problem”, Melissa Conley Tyler made 5 interesting observations:
Look, it is always going to be difficult to please all of the people all of the time, so the question for Australia, is do we even bother?
Do we want to change how Australian’s are perceived by our Asian neighbours?
My personal belief is that Australia, and Australian’s in general, are amongst the Luckiest on the planet.
That being said we are also a nation of educated, innovative, fair dinkum, & multicultural individuals. We are blessed to enjoys some of the highest levels of economic, religious and political freedoms in the world and I think we can build on those strengths and blessings and make Australia even greater.
When travelling I think of Gandhi’s famous quote “ Be the change you want to see in the world” and try and be the best ambassador I can be for our great nation. As always we love to hear your views and in the next, and final, article in this series I will look at What Can We Do To Benefit From The “Asian Century”?
Matt has successfully transitioned from establishing and operating a string a successful health & wellness businesses, to being a full-time property investor & developer. Matt has been involved in the development of well over $100M worth of residential real estate. Matt is a sought after presenter and educator covering all areas of real estate & regularly wows audiences across Australasia with his knowledge and passion.
Matt’s Special Asia Feature:
Friday 2 September: What Can We Do To Benefit From The “Asian Century”?