The latest news on Australian immigration, including changes to regulations, government policy announcements, and analysis of media releases affecting current and future applications.
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There were 140,366 permanent visas granted, which is 88 per cent of a total of 160,000 visas set aside for the 2019-20 migration program year. This distribution was not even as some visa programs and subclasses met their targets while others missed their mark.
Read MoreA review of Australia’s Business Innovation and Investment Program is ongoing, however, Significant Investor visas, which is a passive investment stream under the Subclass 188/888 – Business Innovation and Investment visa has come under fire with recent reports of integrity concerns and an alleged Ponzi scheme run through the current complying investment framework. The review suggests the $5 million minimum may be increased.
Read MoreThe Department of Home Affairs (Home Affairs) has released an FAQ to confirm among other things that the number of permanent migration places allocated for this program year (2020-21) is the same as for the last program year. This is not set in stone and is likely to change when the Federal Budget is handed down in October.
Read MoreThe prime minister has set out a plan for certain Hong Kong passport holders who hold Australian visas to extend their stay in Australia for up to 5 years. Additionally, new student graduates and temporary work visa applicants will also have access to a 5-year visa, with a pathway to a permanent visa available. The government has also set its sights on attracting Hong Kong’s best a brightest workers and businesses.
But perhaps the biggest announcement may be that revisions to the skilled occupation lists are coming sooner rather than later.
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