In March 2024, the RMIT Asia Trade and Innovation Hub, in collaboration with Asia Society Australia, brought together diaspora business leaders in Australia from key ASEAN countries and markets to discuss strengthening business links and to identify key activities and opportunities to support SMEs in Australia to engage in two-way opportunities.
There were 16 Southeast Asian diaspora participants who attended the roundtable from Australia’s Malaysian, Indonesian, Thai, Vietnamese, Laotian, Singaporean and Filipino communities. There were 4 other participants representing Asia Society Australia, RMIT University, Austrade and Victoria’s Department of Premier and Cabinet.
The Diaspora Roundtable: Engaging Australia’s Southeast Asian Business Community Summary Paper, explores the key insights that emerged from the roundtable discussion. Participants were prompted with questions that addressed two themes: their experiences as a diaspora business leader in Australia, and their suggestions on what government, industry and member organisations can do better to deepen business links with the region.
The roundtable aligned with the 2024 ASEAN-Australia Special Summit to commemorate the 50th Anniversary of ASEAN-Australia Dialogue Partnership and was supported by the Department of Prime Minister and Cabinet as part of the Summit week activities.
Bringing together representatives from Australia's Southeast Asian diaspora communities to talk in particular about how we can connect that expertise with other parts of the community, other Australian businesses to build trade investment ties to the region.
Diaspora play a huge role in the relationship between ASEAN and Australia. We can be the catalyst of confidence to come into Australia and do business with Australia. We become like a tour guide, I guess.
In 2024, I would love to see more activities coming in from both sides focusing on the green economy and then also see more delegation coming from the Southeast Asia region to explore the investment opportunity into Australia as well.
I'm really excited about the prospect that Melbourne has got a diverse community of diaspora already here. We've got significant opportunities to improve with bilateral trade.
One key takeaway that I got was we're so categorised by a nation. If we were all to work together as a more integrated region and not even having to separate Australia as a plus one, then we would certainly achieve a lot more.
Incredible discussion today. I was blown away by the amount of community development that's occurring in the ASEAN diaspora.
The pain points are that there's not enough top-level leadership. Maybe one way we can do that is a grassroots approach that might be heard by the top.
We know that for business trade and investment to happen, we need to hear from business leaders from the diaspora and make sure that those people-to-people links are strong. But more than that, we want to hear how can government and industry support our diaspora leaders and provide people with the agency to do exactly what they need. So hopefully those key themes will come out today.
Acknowledgement of Country
RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business - Artwork 'Sentient' by Hollie Johnson, Gunaikurnai and Monero Ngarigo.
Acknowledgement of Country
RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business.