Recent data from Jobs & Skills Australia (JSA), published in The Australian, showed that there were an abundance of applicants per job, suggesting that concerns around labour shortages are overblown.
At the economy-wide level, there were 29.3 applications per vacancy, 9.4 qualified applicants per vacancy and 4 suitable applicants per vacancy:

Separate recruitment difficulty data from JSA also suggested that labour shortages were tracking at pre-pandemic levels, with Australia oversupplied with low-skilled workers.
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