MacroBusiness
Access Subscriber Only Content
at 11:00 am on July 15, 2021 | 13 comments
The AFR has taken another shot at RBA governor Phil Lowe for daring to admit that Australia’s mass immigration program pushed down wage growth.
The robber baron’s paper of choice has now enlisted economics editor John Kehoe to cherry-pick research and testimony claiming that immigration does not push down wages. Below are Kehoe’s main arguments:
Economic studies are inconclusive about the impact of immigration on wages.
“Australia’s disproportionately skilled migration program may be ‘decreasing inequality’ – because skilled foreign workers compete for jobs and wages against higher paid Australians”.
Treasury s IGR immigration analysis doesn t add up
macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.
More proof Australia s skilled visa system is a giant fraud
macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.