This report addresses international human resource management (IHRM) issues, particularly within the Australian context, and is targeted towards a newly recruited manager at an Australian bank. It begins by defining employment relations and highlighting the differences between Australia and the UK, including a discussion of the Australian national workplace relations system and the Fair Work Act 2009. The report then examines human resource management issues in Australia, such as employee retention, productivity challenges, management of diverse talent, training, and the impact of digitalization and cultural nuances. The report also provides advice to British expatriates on working in Australian banks, emphasizing the importance of understanding the working environment and work-life balance. The report references Royal Commission findings on the financial services sector, highlighting the need for transparency and customer-focused practices. The report also provides a comparison of working in the banking sectors of the UK and Australia and concludes with a discussion of key challenges and recommendations for the manager.
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