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With Australia facing a looming recession, outsourcing is emerging as a solution for banks and financial institutions to navigate economic uncertainty, improve efficiency, and find experttalent. However, a local talent shortage , high wage inflation, and shrinking profit margins have reversed this trend.
Government Support : The Philippine government actively promotes outsourcing through tax incentives and infrastructure development. Highly Skilled Workforce : The country boasts a large pool of English-speaking professionals with expertise in various industries. BPO vs. KPO: Which Model Is Right for Your Business?
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