Low-skilled visas flood Australia’s labour market

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Australia’s migration system is flooding the nation with low-skilled workers.

The following chart from Alex Joiner at IFM Investors summarises the situation, with the overwhelming majority of net migrant arrivals arriving through pathways other than skilled visas:

Net migration

Even leading pro-Big Australia shills Peter McDonald and Alan Gamlen admitted that Australia’s permanent migration system is unskilled and broken.

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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.