Budget 2026–27: Tweaks, Not a Reset, for Immigration

Budget 2026–27: Tweaks, Not a Reset, for Immigration

The Federal Budget handed down last night has few surprises for Australia’s immigration program. Permanent migration will favour onshore visa holders, and net overseas migration is expected to slide.

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462 visas: Philippines added from 1 July 2024, ballot introduced for China, Vietnam, India

462 visas: Philippines added from 1 July 2024, ballot introduced for China, Vietnam, India

The Philippines will be added to the subclass 462 – Work and Holiday visa program with 200 places available from 1 July 2024. A ballot system will commence for China, Vietnam, and Indian nationals for the same visa due to high demand.

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408: COVID visa closed for all but existing COVID visa holders from 2 September 2023, 1 February 2024 closed to all

408: COVID visa closed for all but existing COVID visa holders from 2 September 2023, 1 February 2024 closed to all

Time on the subclass 408 - Temporary Activity visa under the Australian Government endorsed events stream and specifically the COVID-19 Pandemic event has been called. From 2 September 2023, only existing holders will be able to apply to renew this visa, with February 2024 being when the event will close for all.

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