Businesses abandon training for easy migrant scab grab

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Co-director of University of Sydney’s mental wealth initiative, John Buchanan, estimates the share of workers getting on-the-job training has fallen from around a third in 2005 to around 20% currently.

Buchanan notes that employers have contributed to the lack of skilled workers because of poor planning around skills and training, and experts state that it is this lack of training that has made Australia increasing reliant on ‘skilled’ migrants:

“Businesses are squealing about skill shortages but they themselves have been contributing to the drought,” [Buchanan said]. “Employers’ planning around skills and training, outside of the army and the health system, is pretty pathetic”.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.