article_snippet: Bob Baur, chief global economist at Principal Global Investors, argued that Australia's domestic labour market needs to change if the nation's economy is going to prosper in the wake of the recent mining boom.
article_snippet: Bob Baur, chief economist at Principal Global Investors, argued that Australia's labour market needs reform . '
article_snippet: The best thing for Australia would be ... maybe loosening up Australia's domestic labour market and making Australia's domestic labour market easier for businesses to take on workers or let workers go in difficult times,' Dr. Baur said. '
article_snippet: Dr. Baur said Australia needed to follow the footsteps of the US, where manufacturing was thriving again after having lost six million jobs through the past 25 years to the cheaper labour markets of China and India.
article_snippet: Dr. Baur said Australia needed to follow the footsteps of the US, where manufacturing was thriving again after having lost six million jobs .
highlights_snippet: Dr. Baur, said Australia's domestic labour market needs reform .
  