Unions erect barriers to business calls for immigration ramp-up

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 90%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The income threshold for temporary skilled visa workers, frozen at $53,900 for almost a decade under the Coalition, is set to be a key battleground in the upcoming jobs summit.

Unions are pushing back against business demands for higher immigration to relieve talent shortages by insisting that the minimum income for temporary skilled visa holders should be lifted to well above $90,000.

ACTU secretary Sally McManus says immigration will be a big issue at the summit and unions are “up for it”.Electrical Trades Union acting national secretary Michael Wright said the income threshold for temporary skilled visa workers – frozen for almost a decade under Coalition governments at $53,900 – was so low it was below median earnings.

Full-time average earnings were $1748 a week, according to 2021 data, or about $90,900 a year. They were just $63,336 for hospitality.Australian Chamber of Commerce and Industry chief executive Andrew McKellar warned that any “excessive increase” to the income threshold “risks inadvertently excluding occupations that might otherwise be eligible for skilled migration”.

However, he also said it was only because the income threshold had not increased for so long that many of those lower-paid workers were covered. “Ten years ago most of these people wouldn’t be on this system anyway.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Davos day one: Zelenskiy calls for maximum sanctions against Russia; recession fears on the rise – business liveRolling coverage of the first day of the World Economic Forum in Davos
Source: GuardianAus - 🏆 1. / 98 Read more »