Income thresholds increasing 4.6% on 1 July 2025; Permanent planning levels now multiyear

Income thresholds increasing 4.6% on 1 July 2025; Permanent planning levels now multiyear

Income thresholds will increase by 4.6 per cent for all employer-nominated visas from 1 July 2025. Meanwhile, the Federal Budget delivered little in the way of migration policies for the coming year other than projecting net overseas migration to almost halve in the coming years, and that permanent migration planning levels will consider the next four years instead of 12 months.

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Subclass 482 – Skills in Demand visa regulations and instruments released

Subclass 482 – Skills in Demand visa regulations and instruments released

The subclass 482 – Skills in Demand nominations and visa regulations have been registered. While it takes the same subclass number as the Temporary Skill Shortage visa, major changes were made including dropping the mandatory work experience requirement from 2 years to 12 months.

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Skills in Demand Visa and National Innovation visa commences 7 December 2024; Core Skills Occupation List released

Skills in Demand Visa and National Innovation visa commences 7 December 2024; Core Skills Occupation List released

The Skills in Demand visa, which will replace 482 visas, and National Innovation visa, which replaces the business skills visa program, will start from 7 December 2024. One important aspect of the Skills in Demand visa is the Core Skills Occupation List (CSOL), which was released today.

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