June 15th, 2024 at 08:43 am

8 New Changes to Australia Visa and Migration Policy 2024 | Australia Visa Update

Australia, a nation whose economy mostly depends on skilled migration to fill labor shortages, made significant reforms to its immigration laws in 2024. These modifications aim to streamline processes, enhance economic contributions, and adapt to global trends.

The Australian government has announced changes to Australia’s immigration regulations and their impact through 2024. The main adjustments to Australia’s immigration laws and their effects in 2024 are listed below.

1. Permanent Migration Program

The Australian government has set aside 185,000 spots for the permanent migration program for 2024, with a focus on the Skill Stream. The program is split 70:30 between skilled and family streams, with higher planning levels for Employer-sponsored, State-nominated, and Regional categories.

2. Migration System Reforms

The Australian government plans to alter the immigration system by providing $18.3 million over 4 years for initiatives to educate migrant workers about their rights at work and the necessity of adhering to immigration procedures to increase economic growth and restore Integrity.

A $15 million investment over three years will be used to pay this to protect migrant workers and uphold a stable migration system. In 2024, a $1.9 million pilot project will compare employment and income statistics.

3. Work and Holiday Visas for China, Vietnam, and India

Starting in 2024, a pre-application process for visas will be adopted for China, Vietnam, and India for the Work and Holiday Visa program, to ensure an unbiased and transparent selection. This will help reduce program demand and processing delays. Selected candidates are invited to submit their initial online application for a Work and Holiday Visa through the ballot system, which is an automated random selection process.

4. Mobility Arrangement for Talented Early Professionals Scheme

The Mobility Arrangement for Talented Early Professional Scheme project, which will also be introduced for Indian residents, would allow 3,000 graduates and early career professionals to have a Mobility Pathway to live and work in Australia for up to two years.

5. Business Visitor and National Innovation Visa

The three-year limit on the Business Visitor Visa has been extended to five years. Furthermore, a new National Innovation Visa will take the place of the Business Innovation and Investment Visa program and the Global Talent Visa in late 2024.

6. Temporary Skill Shortage Subclass 482 Visa

The two-year work experience requirement for the TSS 482 Visa will be reduced to one year of full-time employment as of November 23, 2024. Applicants must still possess the abilities, qualifications, and employment history needed for the post they have selected. In industries where there is a significant skills gap, the change will make it simpler for more recent graduates to qualify for the Subclass 482 Visa.

7. Increase to Temporary Skills Minimum Income Threshold (TSMIT) Effective July 1, 2024

Increases to the Temporary Skills Minimum Income Threshold from $70,000 to $73,150 have been announced by the Australian government. New nominations will have to meet the requirements of the updated TSMIT applications starting on July 1, 2024. Market-rate pay less than the TSMIT for positions will not be accepted.

Any incoming applications that meet the current $70,000 TSMIT should aim to be filed before July 1, 2024. The increase will not apply to nominations submitted before that date or to current Visa holders.

8. VETASSES and NSDC India Join-In Workforce Mobility Plan

VETASSES and NSDC are collaborating to facilitate the migration of skilled Indian workers to Australia to address the labor shortage. The focus is on economic sectors where a chronic shortage of skilled labor exists, with a concentration on institutional development and more effective migration pathways in particular.

VETASSES will certify and assess skills in India and provide Gap training through partnerships with Australian and Indian universities.