The Australian’s Judith Sloan has comprehensively demolished the business lobby’s latest “deeply misleading and self-serving” policy paper claiming “Migration works for all of us”. According to Sloan, the business lobby’s motivation is obvious: more migrants results in an increased labour supply, which in turn can put downward pressure on wages and increase demand for companies’ products and services:
Here’s the thing: migration doesn’t work for all us and ACCI should concede this point. High rates of migration are great for business. They provide willing workers, restrain the growth of wages and provide markets for their goods and service.
