Remittances from Solomon Islanders working in Australia under seasonal worker programs have hit an all-time high, reaching a record SBD 431 million in 2024, according to Australian High Commissioner Rod Hilton. This figure represents a near doubling of remittances since 2023, which was at $243M, highlighting the growing economic impact of labor mobility between the two countries.
These earnings play in supporting families and communities in the Solomon Islands. With close to 7,000 Solomon Islanders currently employed in Australia under seasonal worker schemes, the surge in remittances underscores the success of these programs in providing employment opportunities while addressing labor shortages in key Australian industries such as agriculture.
The record-breaking remittances are a testament to the hard work and dedication of Solomon Islander workers, as well as the strong bilateral relationship between Australia and the Solomon Islands. For many households in the Solomon Islands, these funds are a lifeline, contributing to improved living standards, education, and local economic development.
This achievement also reflects the broader benefits of Australia’s seasonal worker programs, which not only support Pacific Island nations economically but also strengthen regional ties. As remittances continue to grow, they are expected to play an increasingly vital role in the economic resilience and development of the Solomon Islands.
Australia has reaffirmed its commitment to supporting these programs, ensuring that they remain sustainable and beneficial for both workers and their home countries. The record remittances in 2024 mark a significant milestone in this ongoing partnership.
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