Changes in Australia's Immigration Policy: New Visas and Regulations for 2023-24

Highlights: New changes to be brought into Australia's Immigration Policy for 2023-24

• Clare O'Neil has released the long-awaited review in its immigration policies.
• The salary threshold for immigrants to get sponsorship will be raised from July 1.
• All skilled temporary workers will be able to apply for Australia PR.
• The immigration system will be divided into three tiers.
• It suggests an immediate graduate visa for international students.

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Changes in Australia's Immigration Policy

Australian Home Affairs Minister Clare O'Neil has released the long-awaited review in its immigration policies. Ms. O'Neil said that the country's immigration system is "not fit for purpose" and has many flaws that could lead to exploitation.

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Key Takeaways from the review

The review has made the following changes in the current Australian immigration system:

Labor to raise the minimum salary

During the review reveal, Ms. Clare O'Neil said the salary threshold for immigrants to obtain sponsorship would be raised from July 1, 2023. Therefore, the Temporary Skilled Migration Income Threshold (TSMIT) will increase to $70,000 from $53,000.

Pathway to permanent residency

All skilled temporary workers will be awarded an opportunity to apply for permanent residency in Australia. The change will come into effect by the end of 2023, making the PR application process even more competitive.

Introduction of three new tiers for migration

The immigration system of Australia will be divided into three tiers. The first tier will be a 'light touch' one, which will be streamlined for high-earning workers. The second tier will be a mainstream skilled pathway focussing on middle-income earners.

The third one will be for the essential industries, which will reorganize the country's intake of low-earning migrants.

Lesser visa types

The review found that the immigration system of Australia is highly complex and has more than 100 visa subclasses. And, the requirements for these visas don't test their long-term ability to contribute to the economy in reality.

Keeping meritorious students in Australia

International students are an essential source of Australian skilled migration. And currently, these students cannot apply for a graduate visa until graduation. Hence, the review suggests an immediate graduate visa.

Changing Australia's points system

A change must be made in Australia's points system that selects migrants. The current test doesn't have the caliber to differentiate among candidates effectively.

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