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Reuters
Reuters
Business
By Renju Jose and Lewis Jackson

EXPLAINED: Australia raises permanent migration numbers amid labour squeeze | Rare Historical Photos

FILE PHOTO: A man uses his phone to record a job add posted on a notice board at a backpacker hostel in Sydney, Australia, May 9, 2016. Picture taken May 9, 2016. REUTERS/Steven Saphore

Australia on Friday increased its intake of permanent migrants to 195,000 this financial year, up by 35,000, in a bid to help businesses and industries battling widespread staff shortages and reduce reliance on short-term workers.

The COVID-19 pandemic closed the country's borders for nearly two years and along with an exodus of holiday workers and foreign students left businesses struggling to find staff to keep afloat.

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