Transurban: More immigration needed to build stuff for migrants

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Transurban director Peter Scott has called for a big ramp-up in ‘skilled’ migration in order to boost the construction of infrastructure and houses:

Transurban director and former CEO of MLC Peter Scott is among 80 per cent of top directors who warn attracting and retaining skilled labour has become the top concern for business, according to directors surveyed by law firm King & Wood Mallesons in an annual report on boards being released on Tuesday…

“Australia has been a nation of immigrants for as long as I can remember … it’s the way we are and one of our greatest strengths, but it’s become problematic because organisations just can’t get the skills they need, quickly enough”…

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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.