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IMPACT – MEDIUM
What is the change? A report recommending numerous changes to the subclass 457 visa system will be released shortly, according to an announcement by Assistant Minister for Immigration and Border Protection Michaelia Cash.
What does the change mean? The report, titled “Robust New Foundations,” makes 27 recommendations to make the 457 visa program more streamlined, transparent and responsive.
Background: Cash announced the report in opening remarks to the Migration Institute of Australia’s Western Australia State Conference in Perth on 8 August. The annual conference is a gathering of Australian registered migration advisors and overseas immigration and migration professionals.
Cash also confirmed that the Temporary Skilled Migration Income Threshold (TSMIT) will not be indexed this year.
BAL Analysis: BAL will provide details as soon as the report containing 457 visa recommendations is released to the public. Meanwhile, businesses can budget knowing that the income thresholds will not increase this year.
This alert has been provided by BAL Australia. For additional information, please contact australia@bal.com.
MARN: 9683856
Copyright © 2016 Berry Appleman & Leiden LLP. All rights reserved. Reprinting or digital redistribution to the public is permitted only with the express written permission of Berry Appleman & Leiden LLP. For inquiries please contact copyright@bal.com.
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