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đź“Ł Australian Immigration News July 2024 - New Financial Year

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Australian Immigration - Work Visa Lawyers

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➡ Content:
00:00 Introduction
00:25 Visa Fee Increases
01:06 190 and 491 Visa State Nomination Numbers
02:08 Employer Sponsored Visas
03:58 No Student Visas for Visitors or Graduates Visas Onshore
04:11 Graduate Visa age Limit
04:38 HighIncome Threshold Increase
04:46 Visa Closures
05:07 Work and Holiday Visa Updates
05:55 Health and Medical Changes
06:04 Workplace Justice Visa Stream of the 408

➡ INFO

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Australian Immigration News July 2024 New Financial Year
1. Visa Fee Increases
From 1 July 2024, most visa fees application increased by 2% to 4%, while student visa fees had a significant increase by 125% from $710 to $1,600.
2. 190 and 491 Visa State Nomination Numbers
On 1st July 2024, the Australian Financial Review published the 190 and 491 visa allocations for 20242025:
• Queensland: reduction of 300 places in 190 PR visas from 900 to 600, 491 visas were also reduced from 650 to 600.
• South Australia: there is an additional 1,900 visas.
• Tasmania and Western Australia: each state will receive an additional 1,500 visas.
• Western Australia: another additional 5000 skilled migrant places under the new WA Designated Area Migration Agreement (DAMA).
• Northern Territory: an increase from 650 places to 1,200.
• Australian Capital Territory: an increase from 1,200 to 1,800 places.
• NSW and Victoria: both states are expected to remain the same as last year, with 3,150 for NSW and 3,300 for Victoria.
3. TSMIT Increase for employer sponsored visas
The Temporary Skilled Migration Income Threshold (TSMIT) has increased from $70,000 to $73,150.
4. Relaxation of Work Visa Conditions for 482, 494 and 457 Visas
From 1 July 2024, new work conditions will apply to 482, 494, and 457 visas. These visa holders will have:
• Up to 180 days at a time to find a new employer or a maximum of 365 days in total across the entire visa grant period.
• During the 180 days, employees who are looking for a new employer, can work in any job for any employer.
With the greater mobility for employees, it's time that the Department of Home Affairs revisits the promise in the Migration Strategy to reform the SAF.
5. No Student Visas for Visitors and Graduates Visa Holders
From 1 July 2024, Visitors (Subclass 600) and Graduate (Subclass 485) visa holders can no longer apply for a student visa onshore
6. Graduate Visa Age Limit
Applicants looking to apply for a Graduate Visa must be 35 or under, with exemptions for Masters by research, PhDs, Hong Kong, and British Overseas passport holders up to 50 years old.
7. HighIncome Threshold Increase
The Fair Work HighIncome Threshold (FWHIT) has increased from $167,500 to $175,000. This means Global Talent applicants must have a minimum annual salary of $175,000 to apply.
8. Visa Closures
• The Skilled – Recognised Graduate 476 visa has permanently closed
• The Business and Investment visa has also closed
The National Innovation Visa is planned to replace the Business and the Global Talent Visa. It is expected to come into place at the end of 2024.
You can read more about the National Innovation Visa here.
9. Work and Holiday Visa Updates
Philippines Passport Holders can now apply for a 462 Work and Holiday Visa with 200 places available.
UK Passport Holders can now be granted up to three Working Holiday Subclass 417 visas without having to meet any specified work requirements.
10. Health and Medical Changes
• An Increase in the Threshold for Medical Costs from $51,000 to $86,000.
• Mandatory Hepatitis B Testing for residents from highrisk countries, who are aged 15 and older.
11. Workplace Justice Visa Stream of the 408
A new visa has been introduced for employees who may have been exploited by their employer to stay and work.

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