Posted on July 18 2023
The Australian Temporary Skilled Migration Income Threshold (TSMIT) will be increased from $53,900 to $70,000 from July 1, 2023. The new applications for nomination under this program after this date, must meet the new income threshold of $70,000 or the yearly market salary rate, whichever is higher.
However, this will not affect the nominations and visa holders registered before the date.
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One of the streams of the Employer Nomination Scheme (subclass 186) visa, The Temporary Residence Transition (TRT) stream, will now be opened for all the holders of the Temporary Skill Shortage (TSS) visa. These are the visa holders with employers willing to sponsor them.
The Australian government announced that all the applicants need to carry on working in the TSS visa occupations. Still, these occupations will not be listed to the government's Medium and Long-term Strategic Skills List (MLTSSL).
The government has also committed to lowering the TRT stream’s eligibility for employment years with the sponsoring employer to two years from three years. However, the stream applicants must meet the requirements for the nomination and the visa.
The Australian government will also be removing the ceiling on the number of Short-term stream TSS visa applications made in the country.
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