Migration Council chief demands lower wages

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For years Chief Executive of the Australian Industry Group and Migration Council of Australia Chair, Innes Willox, has lobbied against laws to prevent wage theft, lobbied against stricter labour hire rules, has spread copious propaganda about skills shortages, and has lobbied for mass immigration.

Now Willox is complaining that Australia’s minimum wage is too high, which is apparently harming young workers:

The latest global comparison by the OECD shows Australia’s hourly minimum wage rose from $12.40 to $12.60 last year from a year earlier, to be just ahead of Luxembourg’s $12.50 when measured in purchasing-power adjusted US dollars…

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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.