The Rudd Government will cut the 2008-09 permanent skilled migration program by 14 per cent to protect local jobs while ensuring employers can access skilled professionals in industries still experiencing skills shortages.
As has long been the case, the Government can adjust immigration levels according to the economic circumstances of the day and last week Cabinet agreed to cut the permanent skilled migration program in light of the worsening global economic situation.
Clearly, the economic circumstances in Australia have changed as a result of the global financial crisis so it is prudent to reduce this year
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