TSMIT increasing to $70,000 from 1 July 2023; pathway to PR for Short-term 482 visa holders from end of 2023

TSMIT increasing to $70,000 from 1 July 2023; pathway to PR for Short-term 482 visa holders from end of 2023

Major announcements by the Minister of Home Affairs today include the long-awaited increase to the Temporary Skilled Migration Income Threshold (TSMIT) to $70,000 and a pathway to a permanent visa for 482 visa holders in the Short-Term Skilled Occupation List (STSOL). These will have far-reaching consequences.

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PMSOL abolished: healthcare and teaching occupations take over

PMSOL abolished: healthcare and teaching occupations take over

A creature of COVID, the Priority Migration Skilled Occupation List (PMSOL) was abolished last week and replaced with more back-to-business processing priorities except for healthcare and teaching occupations which now take the highest priority.

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482 visa “perfect storm”: Budget cuts, strong demand and visa delays

482 visa “perfect storm”: Budget cuts, strong demand and visa delays

A media report dives into processing delays for the subclass 482 – Temporary Skill Shortage visa and coming budget cuts at a time when Australian employers are frustrated. Priority processing directions could be adjusted to compensate but a long-term solution may not be so simple.

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186 visas: Age cap lifts for legacy 457 visa holders from 1 July 2022; further 482 visa applications in the Short-term stream

186 visas: Age cap lifts for legacy 457 visa holders from 1 July 2022; further 482 visa applications in the Short-term stream

The age cap for a 186 visa under the Temporary Residence Transition stream will not apply to some current or former 457 visa holders who were in Australia for at least 12 months during the pandemic from 1 July 2022. Also from this date, 482 visa holders in the Short-term who held this visa and were in Australia during the pandemic will be allowed to validly lodge a further application in Australia.

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