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With migrants gone, employers are lifting wages and training

MacroBusiness
Access Subscriber Only Content
at 12:15 am on April 29, 2021 | 52 comments
Australia’s chronically low wage growth is now considered by many economists, including RBA governor Phil Lowe, as being one of the key barriers to the Australian economy’s post pandemic recovery.
As such, it is disheartening to read regular stories from the mainstream media lamenting that the loss of temporary migrant workers due to COVID has forced employers to lift wages and provide training to local workers.
The latest example of this twisted reporting comes from
The Australian’s Max Maddison who complains that the
“mass exodus of 200,000 foreign students, backpackers and skilled visa holders during the COVID lockdown” is driving the hospitality industry to increase pay and conditions to attract staff: ....

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Coronavirus News | COVID-19 | The Australian

Coronavirus News | COVID-19 | The Australian
theaustralian.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theaustralian.com.au Daily Mail and Mail on Sunday newspapers.

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Coronavirus News | COVID-19 | The Australian

Coronavirus News | COVID-19 | The Australian
theaustralian.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theaustralian.com.au Daily Mail and Mail on Sunday newspapers.

Adelaide Oval , South Australia , United States , France General , United Kingdom , Yarra River , Fort Detrick , Manly Beach , New South Wales , Great Barrier Reef , New Zealand , Western Australia , New York , Port Adelaide , Australian Capital Territory , Roseland Community Hospital , Mona Vale , Palm Beach , Debra Bordignon , John Moore Getty , Daniel Pockett , Adam Creighton , Mackenzie Scott , Wilbur Quimba , Colin Murty , Ian Chappell ,