Use pensioners, not migrants, to plug labour shortages

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Liberal leader Peter Dutton was questioned about his plans to cut the permanent migrant intake from 185,000 in 2024-25 to 140,000 in 2025-26.

Dutton suggested that cuts to migrant worker numbers could be partly offset by permitting pensioners to work more hours without reducing their pension.

“That will replace some of the international labour that people are relying on”, he said.

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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.