ACCI demands wage cuts and visa slaves

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The Australian Chamber of Commerce & Industry (ACCI) continues to talk with a forked tongue on the labour market.

It recently sent a submission to the Morrison Government’s migration program review whereby it demanded easier access to foreign workers to ameliorate purported crippling labour shortages:

“Skills shortages have been exacerbated by the prolonged closure of Australia’s border… It is a matter of survival for businesses in the accommodation, hospitality, cafes and restaurants sectors to access skilled migration”…

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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.