Calls for one million extra people in the Australian workforce

Released on: December 4, 2007, 10:48 pm

Press Release Author: The Australian

Industry: Internet & Online

Press Release Summary: The skills shortage in Australia\'s economy is being labelled
the \"success disease\" and the Business Council of Australia has called on the new
government to bring at least one million extra people into the workforce to lift
productivity.

Press Release Body: The skills shortage in Australia\'s economy is being labelled the
\"success disease\" and the Business Council of Australia has called on the new
government to bring at least one million extra people into the workforce to lift
productivity. Australia\'s economic boom is fuelling demand for skilled Australian
immigration.

The skills shortage in Australia\'s economy is being labelled the \"success disease\"
and the Business Council of Australia has called on the new government to bring at
least one million extra people into the workforce to lift productivity. Australia\'s
economic boom is fuelling demand for skilled Australian immigration.

The council released a report this week arguing that the government must remove
financial, tax, infrastructure, child-care and age impediments to work, the Age
newspaper reports. The tight Australian labour market has led to booming Australian
immigration.

BT Financial Group chief economist Chris Caton said: \"Skills shortages are of course
a success disease - you only get it when the economy has done well.\" Macquarie Bank
economist Rory Robertson talked about \"the ongoing strength of domestic demand,
combined with the ongoing tightness of the labour market\". Australian National
University economist and labour market expert Bob Gregory agreed that skilled labour
is now very hard to find.

--
The Australian

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