Former Socceroos boss Frank Farina questioned the signing of Straka for a club struggling in the finance department after his reportedly failed application.

But Fraser insists Straka comes at the right price.

"We secured him under his market value," Fraser told the Townsville Bulletin. 

"Our process right from the start was we confirmed how much we had to spend and were always surprised by the calibre of those who put their hand up"

Fraser says Australian coaches need to learn from overseas tacticians such as Straka, Sydney boss Vitezslav Lavicka and new Heart coach John van't Schip.

"He wanted to come, he wants to make an impression. He is not a coach on his way down, he is still solidly on the way up," he said.

The standard of coaching has been raised and Australian coaches need to go offshore to better learn their craft, according to Fraser.

"The bar has permanently been lifted," he said.

"Seeing the calibre of applicants that came through for this job, some of our boys have got to realise that maybe there is a need for Australian coaches to coach overseas and that it's no longer enough to have played at the highest level.

"I think there are a number of coaches who are astounded that they didn't make the short list."

The standard of coaching is rising mainly due to the fact there is greater interest in the A-League from abroad.

"Through the entire application process the clear message to me with the level of interest is that the A-League has jumped a level," he said.

"Franz is one of the best coaches the A-League has seen so far."

Straka impressed Fraser and others at Fury before he was officially appointed at the club's new boss yesterday.

Fraser added: "When you meet Franz and see what he had to go through, how dedicated he is to the game - he spent four years at a Prague university to get his pro licence and has been on the track every day since - there is no question that some of our boys need to realise that we are playing on a global market."

"I think they need to get out there and prove themselves on the European scene because the Europeans and quite a number of nationalities are targeting our country as a place with a great lifestyle and the football is good.

"No one seems to whinge about going overseas as a player to get experience, but coaches seem to have some sort of notion that 'I can stay here and coach'.

"We don't play European Cup every week and don't play in a league with 40 or 50 games, I think Lavicka proved it last year, John van 't Schip will prove it this year and Franz will prove it here."