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Interview: $95/hr to pick potatoes? The reality of Australia's labour shortage

Interview: $95/hr to pick potatoes? The reality of Australia's labour shortage

FEAR & GREED | Business News
12 min
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<p>When NAB executive Ana Marinkovic was visiting businesses in regional Australia recently, a potato farmer revealed he was paying workers $95 per hour to pick produce. It reveals the stark reality of the labour shortage, which when combined with high interest rates and inflation, have created a perfect storm of conditions for Australian small business.<br><br>Ana Marinkovic,&nbsp;Executive General Manager, Small Business Bank at NAB, tells Sean Aylmer that 2024 is going to be even harder - and shares some advice for Australians looking to start their own small business.</p> <p><a href="https://fearandgreed.com.au" rel="nofollow">Find out more: https://fearandgreed.com.au</a></p> <p>See <a href="https://omnystudio.com/listener" rel="nofollow">omnystudio.com/listener</a> for privacy information.</p>