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Global finance: can migrant change Australian workforce?

Australian workforce
Australian workforce Source: AAP Image/Dan Peled

Recently, A new study has revealed the dramatic impact migration to Australia has had on the country's workforce. Over the past five years, four out of five staff hired have been new migrants, and, without them, worker numbers in Australia would have actually fallen. Despite the reports finding, financial planner and and Simon Wu and Co. Director Simon Wu, on the other hand, argue that increasing migrant to our workforce will not increase the competitiveness to local working force, it also put on a bigger pressure to our economy in the future, he will explain more in an interview with Ivan Leung.


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Recently, A new study has revealed the dramatic impact migration to Australia has had on the country's workforce. Over the past five years, four out of five staff hired have been new migrants, and, without them, worker numbers in Australia would have actually fallen. Despite the reports finding, financial planner and and Simon Wu and Co. Director Simon Wu, on the other hand, argue that increasing migrant to our workforce will not increase the competitiveness to local working force, it also put on a bigger pressure to our economy in the future, he will explain more in an interview with Ivan Leung.



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