ACCI CEO on Australia's Economy, Jobs

ACCI CEO on Australia's Economy, Jobs

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the current challenges in the Australian labor market, emphasizing the urgent need to address labor and skills shortages. It highlights the global competition for skilled labor and the necessity for Australia to implement attractive policies for skilled migrants. The discussion also covers the relationship between wage growth and productivity, noting the importance of reinvigorating productivity to support wage increases. Additionally, the video addresses energy supply and infrastructure challenges as long-term issues for the Australian economy.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the concerns of the trade union movement regarding labor market policies?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are contributing to the low wage growth in Australia?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What long-term challenges does the Australian economy face in terms of energy supply?

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