Skills inquiry

The NSW parliamentary inquiry is looking into skills shortages and has signalled it will make recommendations to Canberra specifically on 457 visas. The inquiry is gathering information on issues such as offshoring and job prospects in sectors like IT.

The inquiry is chaired by David Elliott, who has said he would welcome submissions from IT workers about the impact of offshoring, 457 visas and lack of job prospects.

The inquiry has indicated it will make recommendations to the federal government (Canberra) on 457 visas, so the role of those visas in filling skills gaps and affecting local job prospects is a key topic under review.

According to the article, Chairman David Elliott has invited submissions from IT workers on matters such as offshoring, 457 visas and declining job prospects — interested workers should submit their evidence to the inquiry as requested.

The inquiry is seeking information on the impact of offshoring on local employment, particularly how offshoring interacts with 457 visas and contributes to a lack of job prospects for Australian workers.

While the article doesn't predict outcomes, investors should monitor the inquiry because its recommendations to Canberra on 457 visas and offshoring could influence talent availability, hiring practices and costs for tech companies — factors that matter for investment decisions.

The article notes the inquiry will make recommendations to Canberra on 457 visas, but it does not say that policy changes are confirmed. Any change would depend on government response to those recommendations.

The article referenced the inquiry and included a short link (bit.ly/17fL0A1) to the original item. For ongoing updates, look for releases from the NSW parliamentary inquiry and statements from Chairman David Elliott.