Advertisement
With the Government and Labor seemingly coming to terms on the China-Australia Free Trade Agreement (ChAFTA), which will include amendments to the Migration Act to:
- lift minimum wages of foreign workers from the current fixed $53,500 annualised minimum salary to $57,000 (indexed);
- strengthen trade certification requirements of imported tradespeople by making their qualifications a pre-requisite of their visas; and
- strengthen labour market testing before foreign workers could be hired for major investment projects over $150 million.
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
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.
Advertisement