A new report published on the weekend shows that nearly a quarter of permanent skilled migrants in Australia are working in a job beneath their skill level.
The Committee for Economic Development of Australia ("CEDA"), who published the report using data from the Department of Home Affairs, says that the skill mismatch cost at least $1.25 billion in foregone wages between 2013 and 2018.
Chief Executive of the CEDA Melinda Cilento says that the government's efforts to bridge this gap, such as the Global Talent visas, have so far been band-aid measures over the real issues.