The Chamber of Commerce and Industry in Western Australia has released a new report, which shows a decline in confidence and profit margins for regional businesses.
Key points:
The report states that 81 per cent of regional WA business respondents see lack of available skilled labour as a barrier to business growth in the coming year. Ms Dusterhoft said she had upped the wages of her staff above current award rates in order to keep staff on. "Our staff, we've had to pay them more … we chose to, but also the rate has gone up … so the price has gone up because of that as well.Chief Economist for the WA Chamber of Commerce and Industry , Aaron Morey said there was hope that the reopening of international borders would lessen skill shortages, but unfortunately, that had not been the case."But it's not enough to relieve that pressure in Western Australia or anywhere else in the country.
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