11 Ways Your Australian Migration Plans Could Change
This blog summarizes the following changes to Australian migration set to become effective from 1 July 2023;
- Increase In TSMIT
- No More Labour Market Testing (LMT)
- Pathway To PR For TSS Visa Holders
- New Zealand Citizens To Become Eligible For Australian Citizenship
- Government Plans To Reduce Visa Subclasses
- A Pro-rated SAF Levy
- Australia-UK Free Trade Agreement
- Increase In Visa Application Fees
- Work Restrictions For Student Visa Holders
- Changes For Working Holiday Makers (WHMs)
- New Australian Visa For Pacific Nations
It is safe to say that these changes would affect employer sponsors and skilled workers in a similar manner.
1. Increase In TSMIT
From 1 July 2023, the Temporary Skilled Migration Income Threshold (TSMIT) is expected to be changed to $70,000 from $53,900. As a result, employers interested in sponsoring overseas workers must offer an annual salary of $70,000, along with superannuation, to potential candidates.
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