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The Australian government released the federal budget for 2024-25, reaffirming the migration strategy and introducing several other key initiatives and changes to immigration policies.
Key Points:
BAL Analysis: These changes are part of the Australian government’s migration strategy to reduce net overseas migration to pre-pandemic levels. The new national innovation visa aims to attract exceptionally talented migrants in sectors of national importance and showcases the government’s intention to address critical skill needs while balancing the demand for permanent skilled migration.
This alert has been provided by the BAL Global Practice Group.
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