IMPACT – MEDIUM
The Australian government recently announced plans to welcome 160,000 permanent migrants in the 2022-23 fiscal year.
Key Points:
- Under current plans, the 160,000 places will be allocated as follows:
- Skilled (109,900 places). This stream is designed to improve the economy and reduce skill shortages in the Australian labor market.
- Family (50,000 places). This stream consists of mainly Partner visas, helping Australians to reunite with family members and provide them with pathways to citizenship.
- Special Eligibility (100 places). This stream covers visas for those in special circumstances, including permanent residents returning to Australia after time spent in another country.
- Australian authorities can redistribute places between Skill stream visa categories on an ongoing basis to respond to changing economic conditions as they occur.
Additional Information: A complete breakdown of the Migration Program planning levels announced as part of the 2021-22 and 2022-23 budgets is available here.
BAL Analysis: The government said the 2022-23 migration plan was “designed to boost Australia’s economic recovery and drive social cohesion outcomes in the post-pandemic environment.” Compared to the 2021-22 plan, Australian authorities increased the total number of places for Skilled visa categories by 30,000.
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