• About
  • Advertise
  • Contact
  • Login
Newsletter
NRI Affairs
Youtube Channel
  • News
  • Video
  • Opinion
  • Culture
  • Visa
  • Student Hub
  • Business
  • Travel
  • Events
  • Other
No Result
View All Result
  • News
  • Video
  • Opinion
  • Culture
  • Visa
  • Student Hub
  • Business
  • Travel
  • Events
  • Other
No Result
View All Result
NRI Affairs
No Result
View All Result
Home News

Federal budget 2023: Impact on migration and international students

In his second budget, Treasurer Jim Chalmers announced visa application fees will rise in July, while 70% of spots in the 2023-24 Permanent Migration Program will be assigned to the Skill stream.

NRI Affairs News Desk by NRI Affairs News Desk
May 10, 2023
in News
Reading Time: 3 mins read
A A
0
Australia offers permanent resettlement to temporary visa holders

Source: ISA Migrations

Share on FacebookShare on Twitter
Advertisements

The Albanese Government’s 2023-24 permanent Migration Program will maintain a quota of 190,000 places, prioritizing the Skill stream, which will receive approximately 70% or 137,100 spots.

This emphasis on skilled migration aims to meet Australia’s long-term skill requirements. The net overseas migration is projected to reach up to 400,000 places this year and 315,000 in 2023-24. However, migration patterns are expected to gradually return to normal from 2024-25 onwards.

Skilled Migration gets priority

The budget outlines the government’s goal of addressing skill shortages through the migration system. Around 70% of places in the 2023-24 Permanent Migration Program will be allocated to the Skill stream, while partner and child visas will continue to be demand-driven.

To attract skilled migrants that complement the Australian workforce, the government plans to raise the Temporary Skilled Migration Income Threshold (TSMIT) from $53,900 to $70,000 starting from July 1, 2023.

Home Affairs Minister Clare O’Neil recently revealed extensive modifications to nearly all visa categories based on a review highlighting the need to attract highly skilled individuals to the country. To address these concerns, the government proposed significant changes, such as eliminating outdated occupation lists, scrapping the points test for skilled visas, and establishing a primary temporary skilled pathway to fulfil Australia’s core skill requirements.

How does it affect international students?

From 1 July 2023, international student visa holders will see the reinstatement of the work hour cap previously removed due to the pandemic. The cap will now be set at 48 hours per fortnight, which is an increase of 8 hours from pre-pandemic levels. However, until 31 December 2023, international students working in aged care will be exempt from this limit.

The government’s migration strategy aims to enhance the job readiness and outcomes of international students. One way to achieve this is by offering faster pathways to permanent residency for skilled graduates, thereby reducing their time on bridging visas.

Additionally, select degree holders on Temporary Graduate visas will receive an extra two years of post-study work rights, with the intention of improving the supply of skilled labor in critical sectors.

Advertisements

Permanent Residency – improved pathways

The budget introduces clearer pathways for Temporary Skill Shortage (TSS) visa holders, allowing those on the short-term stream to access permanent residence options through the Employer Nomination Scheme (subclass 186) visa.

Restrictions on the number of onshore renewals for short-term TSS visas will also be eliminated. Presently, over 173,000 migrants have resided in Australia for at least five years on temporary work or student visas.

Higher visa application costs

Starting from July 1, 2023, the government plans to raise Visa Application Charges (VACs) by 6%, in addition to regular indexation. The Visitor 600 visa application fee for tourists will increase by $40, raising the cost from $150 to $190.

International students applying for the Student 500 visa will face a fee increase of $65, from $650 to $715. Backpackers applying for the Working Holiday visa will see a $130 increase, raising the fee from $510 to $640. The Pacific Engagement Visa and Pacific Australia Labour Mobility scheme visas are exempt from these increases.

These adjustments are projected to generate $100 million in 2023-24 and $665 million over five years for the government.

The government plans to introduce a detailed migration policy later this year.

Logo2
NRI Affairs News Desk

NRI Affairs News Desk

NRI Affairs News Desk

Related Posts

Banu Mushtaq and Deepa Bhasthi Make History as First Short Story Collection Wins International Booker for Heart Lamp
News

Banu Mushtaq and Deepa Bhasthi Make History as First Short Story Collection Wins International Booker for Heart Lamp

May 22, 2025
India Launches Revamped OCI Portal to Streamline Services for Global Citizens
News

India Launches Revamped OCI Portal to Streamline Services for Global Citizens

May 20, 2025
UK Tightens Immigration Rules: Indian Students and Workers to Face Stricter Requirements
News

UK Tightens Immigration Rules: Indian Students and Workers to Face Stricter Requirements

May 16, 2025
Next Post
Indo-Canadian Sachit Mehra Elected as President of Canada's Liberal Party

Indo-Canadian Sachit Mehra Elected as President of Canada's Liberal Party

Australian Budget Forecasts Record Immigration and Tight Rental Market

Australian Budget Forecasts Record Immigration and Tight Rental Market

California Senate Passes Landmark Bill to Ban Caste-Based Discrimination

California Senate Passes Landmark Bill to Ban Caste-Based Discrimination

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

NRIs-Confronting-Discrimination-Abroad

Overcoming Challenges: NRIs Confronting Discrimination Abroad

2 years ago
North American Continent

NRI Trailblazers: Achievements Across the North American Continent

1 year ago
After Antitrust Raids, Indian Advertising Body Cautions Agencies Against Pricing Coordination

After Antitrust Raids, Indian Advertising Body Cautions Agencies Against Pricing Coordination

1 month ago
Enriching NRI Kids with Indian Languages and Culture

Enriching NRI Kids with Indian Languages and Culture: Forging a Link to Their Origins

2 years ago

Categories

  • Business
  • Events
  • Literature
  • Multimedia
  • News
  • nriaffairs
  • Opinion
  • Other
  • People
  • Student Hub
  • Top Stories
  • Travel
  • Uncategorized
  • Visa

Topics

Air India Australia california Canada caste china COVID-19 cricket Europe Gaza Germany Green Card h1b visa Hindu immigration India india-australia Indian Indian-American Indian-origin indian diaspora indian origin indian student Indian Students Khalistan London Modi Narendra Modi New Zealand NRI NSW Pakistan Palestine Singapore student students travel trump UAE uk US USA us visa Victoria visa
NRI Affairs

© 2025 NRI Affairs.

Navigate Site

  • About
  • Advertise
  • Contact

Follow Us

No Result
View All Result
  • News
  • Video
  • Opinion
  • Culture
  • Visa
  • Student Hub
  • Business
  • Travel
  • Events
  • Other

© 2025 NRI Affairs.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
WP Twitter Auto Publish Powered By : XYZScripts.com