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Politics

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1. Января 2011, 22:09:30

Mort

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FEARS are mounting that major resource projects are at risk because of the intensifying skills shortage.

The number of business leaders calling for the government to urgently act to limit the economic damage from the skills shortage is growing.

Global ratings agency Moody's warned that Australia's energy industry, which is driving growth with more than $150 billion worth of new projects planned, has seen competition for labour and equipment "intensify dramatically".

Companies including Rio Tinto, Leighton Holdings and Transfield Services have called for more flexibility to bring in skilled foreign workers under the 457 visa program to fill labour gaps and relieve the building pressures that threaten to derail project timetables and fuel inflation in the broader economy.

* Sarah-Jane Tasker and Katherine Jimenez
* From: The Australian
* December 08, 2010 12:00AM
http://www.theaustralian.com.au/business/skills-crisis-risks-150bn-worth-of-projects/story-e6frg8zx-1225967252748

as I said.. big deal.. shortfalls just don't cure themselves overnight. UK businesses and the government analysis projected skill pools years in advance.