Australia's slowing population growth revives business
concerns about skilled labour shortages
PKF's latest annual Business & Population Monitor finds
that Australia's population growth peaks amid an increasing
need for workers as the economy picks up speed.
Australia's population growth is slowing fast at a time when
the need for workers is galloping. Yet the rate at which labour
supply will expand is set to tumble amid falling migrant numbers
and a pick-up in the pace of retirement among baby boomers, once
again raising questions about the likely future impact on
Australian businesses.
This is one of the key findings to emerge from PKF Chartered
Accountants & Business Advisers' third annual Business
& Population Monitor, which looks at the impact of Australian
demographic changes on businesses.
