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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457/482/494 visas: 180 days with work rights to find a new employer from 1 July 2024

457/482/494 visas: 180 days with work rights to find a new employer from 1 July 2024

From 1 July 2024, visa conditions imposed on primary sponsored workers holding either a 457 visa, a 482 visa, or a 494 visa will change to allow them up to 180 days after they cease work with their sponsor to find a new employer. They will also be able to work in almost any occupation during this period.

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482/494/186 visas: TSMIT up 4.5% to $73,150 on 1 July 2024; Master’s by research and doctoral graduates survive visa age cut; 189 invitation woes

482/494/186 visas: TSMIT up 4.5% to $73,150 on 1 July 2024; Master’s by research and doctoral graduates survive visa age cut; 189 invitation woes

The Temporary Skilled Migration Income Threshold (TSMIT) will increase by 4.5% to $73,150 on 1 July 2024, but will not affect nomination applications lodged prior. Major changes to graduate visas include reducing the age limit and visa grant length. The chances of an invitation for a 189 visa are slimmer than ever.

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