A recovery necessarily entails an increase in efficiency, a curbing of costs, and a diversification of income sources; targeted consolidations, according to sound business projects, can stimulate and abet this process. In 2015 banks’ operating costs – net of extraordinary contributions to the National Resolution Fund – remained stable.
Interstate movement of labour can help to provide skilled and unskilled labour to the areas that have greatest shortages, mainly in the resource sector and its supplying industries. At the same time, increased immigration has helped to expand the overall supply of skilled labour.