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TSMIT Update - as of 1 July 2023


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TSMIT Update - as of 1 July 2023 (NB: only limited detail available at this stage).
The government announced today that the rate of TSMIT (relevant to employers nominating SC482 and 494 employer nominated visas) will be increased as of the 1st July to $70,000 (currently $53,900).
The Albanese Government also announced that by the end of 2023, Temporary Skill Shortage (TSS) short stream visa holders will have a pathway to permanent residency within our existing capped permanent program.
https://minister.homeaffairs.gov.au/ClareONeil/Pages/temporary-skilled-migration-income-threshold-raised.aspx
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