Big Migration Not Quite the Silver Bullet for Australia’s Labour Shortage: Economist

Pedestrians move along George Street in the CBD in Sydney, Australia, on Nov. 8, 2021. Lisa Maree Williams/Getty Images

The Australian government’s pledge to substantially up migration may not yield the economic benefits it expects, says economist Judith Sloan.

Following the Jobs and Skills Summit in early September, the Labor government announced the country would receive 195,000 new migrants per year, an increase from the previous amount of 160,000.