Labor’s university reforms de-skill Australia

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The SMH’s Jenna Price lamented that “Australia is in desperate need of tens of thousands of tradies over the next five years” and that “job snobbery” is worsening labour shortages:

Forty years ago, experts told us the shortage of tradespeople would only be temporary. In April 1999, when thousands of roofs in Sydney were destroyed in one terrifying hailstorm, we knew for real there was a problem…

As venerated Australian businessman and University of NSW chancellor David Gonski noted in a recent podcast: “There are many, many people who believe that everyone should go to university… 

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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.