Labor flags immigration ramp-up

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Anybody hoping for a more moderate and sustainable immigration policy under Labor will be disappointed by the latest comments by ministers.

Following incessant whining from businesses about skills shortages and visa backlogs, Immigration Minister Andrew Giles told The AFR that the Coalition had devalued immigration, leading to “gridlock in our visa processing, which is holding us back” and promised to open the system up:

“Unlike the Liberals, Labor has been listening to stakeholders and we are determined to address the backlog as a real priority.”

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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.