IMPACT — MEDIUM
The Australian government recently announced plans to welcome 190,000 permanent migrants in the 2023-24 fiscal year.
Additional Information: A complete breakdown of the Migration Program planning levels announced as part of the 2022-23 and 2023-24 budgets is available here.
BAL Analysis: The government said the 2023-24 migration plan was “designed to boost Australia’s economic recovery and drive social cohesion outcomes in the post-pandemic environment.” Compared to the 2022-23 plan, Australian authorities increased the total number of places for Skilled visa categories by over 27,000.
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