Business groups, unions unite in Big Australia push

Business groups and the ACTU seem to have already reached an ‘immigration compact’ ahead of today’s Jobs & Skills Summit:

The ACTU wants the yearly permanent migration cap lifted from 160,000 to 200,000 places, subject to a range of conditions, while business leaders want it to rise to between 200,000 and 220,000 places for a two-year period as a shot in the arm for worker-strapped industries…

On Wednesday, ACTU president Michele O’Neil said the union believed there was agreement on shifting the system back towards permanent 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.