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Is Australia in a ‘sweet spot?' : Comments
By Gavan McFadzean, published 2/12/2011The mining boom presents Australia with a unique opportunity to set a sustainable development trajectory for northern Australia, writes The Wilderness Society’s Gavan McFadzean.
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One way to get more out of the mining boom is use it as a means of training more Australians. Sadly, the government has squandered this opportunity by allowing mining companies to source more of their labour from overseas. An extra tax will provide nowhere near the benefit of a more highly skilled workforce.
It is also an ideal time to cut immigration, as there would be plenty of demand for the skilled workers thus displaced from the Ponzi economy.