OTOH we’re educating engineers and then not letting them stay. Like chinas worried about having talent poached (or controlled in some way) and here’s Australia providing
world class education and demanding they go back afterwards.
in sydney, you face property prices not cheaper than the bay area, but the same tech job is going to pay you 30-40% of what you'd expect on the other side of the world.
Sydney's beaches and weather helps a bit too.