Governments love it just as much. They’re the ones putting those conditions on backpacker visas, they’re turning a blind eye to known exploitation of student visas, they’re the ones allowing huge influxes of people (legally and illegally) without doing anything about the infrastructure needed to support them.
Stop blaming everything on corporations - corporations are a figment of statism. They would not exist in their current form without massive governments.
These people are being exploited because it uplifts everyone else’s quality of life. It’s that simple.
Whether you’re a self-proclaimed socialist living in a million dollar+ house or a right-wing businessman made wealthy off cheap labour - both sides are benefitting from this and will shit themselves if/when the gravy train ever stops.