On Thursday 27 April, Home Affairs Minister Clare O’Neil delivered a speech to the National Press Club of Australia where she announced the release of the long awaited review into Australia’s migration system, the Migration System Final Report.
The Report highlighted that Australia’s migration program is not fit for purpose as it fails to attract the most highly skilled migrants and Australia must have a more targeted, simpler migration system.
The Government considered the review’s findings which it used to inform its response in the form of an outline of the Migration Strategy.
During May and June 2023, the Federal Government will consult with key stakeholders on the outline of the Strategy, which the AADA will engage in.
Two key initiatives have been announced:
• An increase of the Temporary Skilled Migration Income Threshold (TSMIT) from $53,900 to $70,000 from July 1.
• A pathway to permanent residency for all temporary skilled workers by the end of 2023.
The AADA expects the Government to release a more comprehensive outline of the changes announced as part of the review in the coming weeks.
Further detail on the above changes is not yet available. The AADA has made requests to the Department for more information, particularly if these changes will apply to current Visa holders and will keep members updated.
The Government plans to release the final Migration Strategy later in 2023.
More information on the review can be found at the link below.
REVIEW OF THE MIGRATION SYSTEM