We're eager to share key updates from the 2024 FederalBudget that significantly enhance the scope and efficacy of Australia'simmigration system. Here are the essential details:
🔹 Expanded PermanentMigration Program: The cap has been set to 185,000 places with a focus onthe Skill stream, representing a robust initiative to address Australia’s skillshortages.
🔹 Reduction in Subclass482 Visa Experience Requirements: The requirement for work experience hasbeen reduced from two years to one, potentially broadening eligibility andopening doors for more skilled workers. This is set to take effect fromNovember 2024.
🔹 Enhanced MigrationSystem Integrity: An $18.3 million investment aims to improve the migrationsystem and ensure the protection of migrant workers’ rights.
🔹 Faster VisaProcessing: Enhanced resources for the Department of Home Affairs aim toreduce visa processing times, facilitating smoother entry into Australia.
🔹 StrengthenedSoutheast Asia Relations: Increased funding to enhance ties and ease visaaccess for ASEAN countries, promoting a closer collaboration.
🔹 Closure of the BIIPProgram: The discontinuation of the Business Innovation and InvestmentProgram marks a significant policy shift. We are here to guide those affectedtowards suitable alternative pathways.
🔹 National InnovationVisa Introduction: This new program targets extraordinarily talentedmigrants in key sectors, aiming to boost national growth.
🔹 Increased Supportfor Refugees and Migrants: An additional $120.9 million is dedicated toimproving settlement services, enhancing the integration process for newarrivals.
These updates signify a transformative phase for potentialmigrants and Australian businesses. At Migrationways, we are committed toproviding up-to-date, ethical advice to help you navigate these changeseffectively.
Connect with us to discuss how these developments mightinfluence your migration strategy. www.migrationways.com.au
