Immigration crashes productivity roundtable

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I suppose you can only ignore the number one input into the immigration-led economy for so long. Even if the Productivity Commission can produce five enormous reports (which are going to be roundly ignored) without mentioning it. The Australian.

Business and unions have brawled on the first day of the economic reform roundtable over a push to increase taxes on employers to pay for training workers, with employers saying the ACTU’s proposal would halve the number of apprentices and cost $4.5bn.

The stoush over a training levy came amid signs of consensus on abolishing more “nuisance” tariffs and addressing skill shortages through greater collaboration ­between industry and training institutions.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.