A group of economists have joined forces to argue against the notion that rebooting ‘Big Australia’ mass immigration would drive up Australia’s unemployment rate and temper wage growth:
“Migration has certainly played a role in the low unemployment rate so we have a lot fewer workers coming into Australia,” [Professor Robert Breunig, director of the Tax and Transfer Policy Institute at ANU’s Crawford School of Public Policy] told SBS News.
“Hundreds of thousands less, so the numbers are pretty big, so that has created important labour shortages in different parts of the economy”…