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Dr. Peter Varela

πŸ‘€ Speaker
165 total appearances
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Podcast Appearances

ABC Business Daily
Do skilled migrants help the economy?

At a high level,

ABC Business Daily
Do skilled migrants help the economy?

you can make the statement that points-tested visas do well in some sections of the labour market, and they don't do particularly well in other sections of the labour market.

ABC Business Daily
Do skilled migrants help the economy?

So they do well in health.

ABC Business Daily
Do skilled migrants help the economy?

Doctors, nurses, allied health, all seem to do quite well with the...

ABC Business Daily
Do skilled migrants help the economy?

the points tested program.

ABC Business Daily
Do skilled migrants help the economy?

Now there's a lot of other occupations as well, but health is kind of a nice one to visualize.

ABC Business Daily
Do skilled migrants help the economy?

Exactly.

ABC Business Daily
Do skilled migrants help the economy?

And just to clarify for listeners, what we're actually doing, we're asking what people nominate on their visas.

ABC Business Daily
Do skilled migrants help the economy?

So you have to nominate an occupation to get a visa.

ABC Business Daily
Do skilled migrants help the economy?

And then we're looking later in the tax data, sort of five, 10 years later,

ABC Business Daily
Do skilled migrants help the economy?

what proportion are working as engineers, what proportion are working as accountants.

ABC Business Daily
Do skilled migrants help the economy?

And you're right, those sort of broadly white-collar professional jobs do better through the employer-sponsored pathway than the independent pathway.

ABC Business Daily
Do skilled migrants help the economy?

Yeah, exactly.

ABC Business Daily
Do skilled migrants help the economy?

There are some occupations that employer sponsored sort of linkage, that sort of essentially the business, the company sort of looks at you and says, that's the special skillset that we want.

ABC Business Daily
Do skilled migrants help the economy?

You want to use that in some parts of the labor market and in other parts of the labor market, knowing that you have a degree, knowing that you have a qualification in the occupation works just as well.

ABC Business Daily
Do skilled migrants help the economy?

So I think it's really just about tailoring the different types of visas to different parts of the labor market.

ABC Business Daily
Do skilled migrants help the economy?

And again, this is something that with this data, with this sort of ability to measure these outcomes, we can kind of make these statements now in a way that it was much, much harder to do 10 years ago.

ABC Business Daily
Do skilled migrants help the economy?

Exactly.

ABC Business Daily
Do skilled migrants help the economy?

So there's a sort of standard line that we use that if your occupation can't retain non-migrant workers, if the wages and conditions aren't sufficiently attractive to retain non-migrant workers, it's probably also not going to be able to retain migrant workers.

ABC Business Daily
Do skilled migrants help the economy?

And we sort of see empirically that