How to attract more people into the workforce

The drastic labour shortages that have been affecting small businesses are “peaking” and should start to resolve soon, according to the CEO of the Council of Small Business Organisations Australia (COSBOA), Alexi Boyd. She says that while it is still the number one problem for small businesses, the “top of the curve” has been reached. Opening international borders will help, but COSBOA says long-term structural taxation change is needed to help people who want to work more hours get the financial incentives they need to do so. And she says that while rapid antigen tests are now cheaper and more available, some businesses are still struggling to keep their workforce and customers safe.