Taylor announced a different net overseas migration target to the one used by Dutton.
Shadow Treasurer Angus Taylor says the Coalition will cut net overseas migration by 25 per cent for two years if it won the next election in a bid to ease housing supply issues, a target that diverges from the one announced by Opposition Leader Peter Dutton, muddy the Coalition’s stance on immigration.
Taylor said the Coalition would also focus on getting in skilled migrants to support the construction sector, while also introducing a tiered student visa system to reduce pressure on the rental market. The shadow treasurer’s speech came as peak business bodies used a hearing into the Fair Work Commission’s annual wage review to argue against substantial minimum wage increases and instead focus on returning inflation to the target range of 2 to 3 per cent.
Government representatives did not put a number on the minimum wage increase but recommended that the real wages of workers should not go backwards.
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