華人移居澳洲的第二波是臺灣移民，一般來說，他們大多數是教育程度較高的專業及經理級人士或企業家，多半以投資或商業移民的方式移居澳洲。對他們來說，澳洲的優良生活環境及生活方式一包括良好的空氣品質，廣大的活動空間，良好的社會秩序和穩定的政局，以及良好的大學教育供子女就讀。然而對這些較為富裕且會經商的移民而言，定居澳洲的經驗卻是充滿著壓力與困難，尤其以在社會或工作所須的自我調適為最。 從澳洲普查資料及其他政府出版品所彙集的資料顯示，儘管移居澳洲的臺灣移民在澳時間已達十年，沒有工作的臺灣移民人數比例卻高於來自，香港的移民。和其他華人移民相較之下，臺灣移民較低的勞動參與率是相當奇特的。近年來，愈來愈多的臺灣移民，由於意識到在臺灣可能有較好，工作或商機、加上個人及家庭的因素，紛紛選擇回流臺灣。近期移居澳洲的臺灣移民，似乎對在澳洲生活及工作的困境有比較深刻的瞭解，很多已表示不會打算永久定居澳洲。

The arrival of Taiwanese migrants to Australia represents the second major wave of Chinese immigration to this nation. Many who entered Australia did so as business migrants. They were typically well-educated, affluent professionals, managers, and/or entrepreneurs who were looking for new business opportunities as well as a lifestyle characterized by open space, clean air, a good education for their children, and personal and political safety. Yet, the settlement experiences of many Taiwanese migrants, despite their affluence and (business) skills, have been typified by stress and hardship, particularly in making adjustments in social, business, and economic relationships. A review of statistical data compiled from census and government reports in Australia has revealed that after a decade Down Under, the Taiwanese settler group was still characterized by high unemployment even when compared to other Chinese migrant groups from Hong Kong and mainland China. It is suggested that the Taiwanese migrants' persistent high non-participation in Australia's labor force is indicative and poignant of their highly distinctive, albeit not exclusive in the broader Chinese migrant terms, experience of migration settlement. There seems to be an increasing number of Taiwanese settlers returning to resettle in Taiwan in recent years, because of perceived better employment and business opportunities or for family and personal reasons. Recent interviews with Taiwanese settlers have also suggested that the most recent arrivals, being more aware of the obstacles in achieving work or business satisfaction during settlement, seem less likely to commit themselves to lifelong settlement in Australia.