The Albanese government will boost migration to address skill and labour shortfalls, with a long-term deal with unions to improve training for Australians.
The Albanese government will boost migration at the October budget to help fill urgent skill and labour shortfalls, as part of an emerging deal with unions for longer-term policies to train Australians.
It is understood the migration changes, yet to be finalised, will be rushed into the October 25 budget while some of the longer-term changes agreed to at the jobs summit will be fed into a white paper that will generate policies for subsequent budgets and the next election. Capacity utilisation – the level of output compared to the maximum level possible – climbed to a record 86.7 per cent in July, well above the long-run average.
“But we welcome a discussion about the priorities of unions and businesses and others in the lead-up to the summit.”
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