1 00:00:00,120 --> 00:00:03,640 Speaker 1: Two hundred and eleven billion dollars. That's a lot of money. 2 00:00:03,960 --> 00:00:06,120 Speaker 1: It is what it will cost the Australians in lost 3 00:00:06,120 --> 00:00:08,719 Speaker 1: productivity and revenue as a result of their government panicking 4 00:00:08,720 --> 00:00:11,760 Speaker 1: over reaction to the mass arrival of people by immigration. 5 00:00:11,920 --> 00:00:14,800 Speaker 1: So such was the panic they started capping numbers. In 6 00:00:14,840 --> 00:00:16,959 Speaker 1: capping numbers, they appeared to have made a mess of it. Now, 7 00:00:17,000 --> 00:00:19,040 Speaker 1: if you follow Australian politics, they make a mess of 8 00:00:19,040 --> 00:00:21,160 Speaker 1: a lot of stuff at the moment. But that's another story. 9 00:00:21,160 --> 00:00:22,600 Speaker 1: And want to watch later on this year if they 10 00:00:22,600 --> 00:00:24,360 Speaker 1: go to the polls and the alban Easy government turns 11 00:00:24,360 --> 00:00:26,440 Speaker 1: out to be a one termer. But by the capping 12 00:00:26,440 --> 00:00:29,440 Speaker 1: of the numbers, they've turned immigration into a political game, 13 00:00:29,800 --> 00:00:32,240 Speaker 1: not a business one. You need immigration for skills and labor. 14 00:00:32,280 --> 00:00:35,320 Speaker 1: Of course, by not meeting labor demand, U curtail your growth. 15 00:00:35,440 --> 00:00:37,680 Speaker 1: It's an open question as to whether we are doing 16 00:00:37,720 --> 00:00:39,680 Speaker 1: the same thing. The floodgates were open here, of course, 17 00:00:39,720 --> 00:00:41,720 Speaker 1: way too late, and then because it was way too late, 18 00:00:41,720 --> 00:00:43,760 Speaker 1: the panic ensued and we let in all sorts of people, 19 00:00:43,800 --> 00:00:46,120 Speaker 1: some of whom we wanted and needed, many of whom 20 00:00:46,159 --> 00:00:48,920 Speaker 1: we didn't. Same reaction here upset now there's a group, 21 00:00:48,960 --> 00:00:52,159 Speaker 1: it seems, in all societies, Western societies anyway, who were 22 00:00:52,240 --> 00:00:55,040 Speaker 1: edgy about people arriving and their country politicians read that 23 00:00:55,080 --> 00:00:58,120 Speaker 1: and they react. The Hahiy recruitment survey out this week 24 00:00:58,160 --> 00:01:00,640 Speaker 1: suggested skills gaps are still an issue if you can 25 00:01:00,640 --> 00:01:02,680 Speaker 1: believe it in this country. In fact, twenty five percent 26 00:01:03,240 --> 00:01:06,600 Speaker 1: of employers said it was worse now than it had been, 27 00:01:06,959 --> 00:01:09,039 Speaker 1: which is hard to fathom, but it is nevertheless of 28 00:01:09,080 --> 00:01:11,360 Speaker 1: reality and hands on deck is a very direct link 29 00:01:11,400 --> 00:01:13,880 Speaker 1: to growth, and I doubt anyone disputes we need growth 30 00:01:13,920 --> 00:01:16,680 Speaker 1: right now. Another question for us that Australia doesnt appear 31 00:01:16,680 --> 00:01:19,600 Speaker 1: to grapple with his demand. Do we actually still want 32 00:01:19,600 --> 00:01:21,480 Speaker 1: to come here? Or do people still actually want to 33 00:01:21,480 --> 00:01:24,560 Speaker 1: come here? The truly talented and the skilled have a 34 00:01:24,600 --> 00:01:27,280 Speaker 1: world of choice. Are we still on their list anyway? 35 00:01:27,560 --> 00:01:30,080 Speaker 1: In Australia. The price of paying politics with all of 36 00:01:30,120 --> 00:01:31,960 Speaker 1: this is they've worked out this week two hundred and 37 00:01:32,000 --> 00:01:34,800 Speaker 1: eleven billion dollars. So on one hand, the PM keeps 38 00:01:34,800 --> 00:01:37,440 Speaker 1: the punter happy who doesn't like emigration. On the other, 39 00:01:37,760 --> 00:01:40,240 Speaker 1: businesses are screaming for staff as they watch the bill 40 00:01:40,319 --> 00:01:43,119 Speaker 1: mout for things they can't do This is where leadership 41 00:01:43,160 --> 00:01:46,120 Speaker 1: comes in. You see. Real leadership is about making the 42 00:01:46,160 --> 00:01:49,400 Speaker 1: right decision, not always the popular one. Real leadership is 43 00:01:49,440 --> 00:01:52,000 Speaker 1: about hanging tough when the screamers and moaners are at 44 00:01:52,040 --> 00:01:54,440 Speaker 1: their loudest. At two hundred and eleven billion old, elbow 45 00:01:54,920 --> 00:01:57,680 Speaker 1: doesn't look like he's the goods. For more from The 46 00:01:57,720 --> 00:02:00,760 Speaker 1: Mic Asking Breakfast, listen live to use Talk Set B 47 00:02:00,920 --> 00:02:04,560 Speaker 1: from six am weekdays, or follow the podcast on iHeartRadio.