In the 1950s and 60s Australia had a policy of supporting manufacturing development in Australia, and its capacity to absorb large numbers migrants largely reflected its industry protection. Given the operation of the then Industrial Relations Commission, those industries tended to have remuneration outcomes which enabled both the migrants coming to Australia, and the pre
The post The ‘Population Ponzi’ – Employment, Migrants, Incomes and Manufacturing & Australia’s lost Economic narrative appeared first on MacroBusiness.
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