The Pacific Australia Labour Mobility (PALM) scheme is creating lasting economic benefits for Solomon Islanders.
As Australian High Commissioner to Solomon Islands, I am proud to witness the tangible benefits that come from the strong partnership between our two countries. I am particularly heartened by the recent news from the Central Bank of Solomon Islands (CBSI) that Solomon Islands workers have sent home record remittances. Labour mobility workers, including PALM scheme workers in Australia, sent home a remarkable SBD475 million in remittances in 2024. This record amount represents a significant benefit for families and communities and highlights the important role the PALM scheme plays in improving the lives of Solomon Islanders.
The money that is coming into the country is doing more than just boosting an individual person’s savings; it is directly improving living standards across the Solomons and strengthening Solomon Islands collective economic resilience.
Solomon Islanders who have gone to Australia to work under the PALM scheme have come from every province and have been employed in different sectors such as agriculture, horticulture, meat works, and aged care. These Solomon Islanders are learning new skills and are committing to their work to support themselves and loved ones at home.
Surveys have given us new insights into how earnings are typically used by PALM workers. Families are investing in their children’s future by contributing to school fees, building or improving their homes, and starting businesses. These new businesses are particularly exciting, as they will lead to increased employment opportunities for more people here in Solomon Islands, creating a positive ripple effect throughout the economy.
The strong economic partnership between Australia and Solomon Islands underpins the Australian Government’s commitment to creating jobs and more opportunities for Solomon Islanders. These record remittances are a powerful indicator of a partnership that is supporting families, building communities, and contributing to the economic vitality of Solomon Islands.
