Lower migration improves Australia’s skills base

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Business Council of Australia chief executive Bran Black recently lambasted Peter Dutton’s proposal to cut net overseas migration, claiming it would exacerbate skills shortages.

“It may also compound our existing skill shortages and make it harder to do business”, he said.

Fellow business lobbyists, the Australian Chamber of Commerce and Industry and the Australian Industry Group echoed Black’s claim.

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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.