IMPACT — MEDIUM
The Australian government announced that it will increase the Temporary Skilled Migration Income Threshold in July.
Additional Information: Australian authorities plan to create a pathway to permanent residency within their existing capped permanent program for Temporary Skill Shortage short-stream visa holders. More information regarding changes to the TSMIT is available here.
BAL Analysis: The TSMIT determines which positions are eligible for sponsorship in Australia. Employers must demonstrate to immigration authorities that the market salary rate for the proposed role is above the TSMIT in order for the position to be eligible for nomination.
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