Thanks for the quick response.
No, the employer is not willing to sponsor unfortunately.
With my degree, it's a business degree in IT Management and looking at the skill select list the only one that I could imagine trying to fit into would be 'Developer Programmer' but that in itself I think would be a long shot as I have never worked in the industry.
My background is in retail banking and I have applied to every major bank but they require you to be a resident of Aus or NZ.