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Migration program 2023-2024. Planning levels and updates

The Australian Government has released its first full budget for 2023-2024 financial year. Let’s discuss together all the upcoming changes in the program size and composition in order to help you determine an indicative action plan.

The 2023-24 Migration Program has been designed to address persistent and emerging skills shortages and support the transition to a net-zero emissions economy by attracting specialist skillsets that are difficult to find or develop in Australia. 

So, the planning level for the 2023-24 permanent Migration Program will be set at 190,000 places, where about 70% of places are allocated to the skilled migration stream.

Special Eligibility stream has been increased 4 times to 400 places. This stream covers visas for those in special circumstances, including permanent residents returning to Australia after a period overseas.

Note that not all visas are capped by Department. Many temporary visas with no direct pathway to PR are not included in migration program and could be granted on demand. For example, student and tourist, graduation and guardian visas, temporary work visas 482, prospective marriage visas and many more.

What else will change from 1 July 2023:

1) Government visa application charges will increase:

  • 40% – business visa
  • 15% – Visitor, working holiday, work and holiday, training, temporary activity and temporary work visas
  • 6% – all other visas

2) The Temporary Skilled Migration Income Threshold will increase from the current rate of $53,900 to $70,000 from 1 July 2023. This applies to new applications submitted after 01/07/2023, but will not affect applications submitted before 01/07/2023.

3) Temporary Graduate visa holders with selected degrees will be eligible for an extra 2 years of post-study work rights to improve the pipeline of skilled labour in key sectors from 1 July 2023.

4) The working hour cap for international student visa holders will be changed from 1 July 2023. At the same time, it will be increased by 8 hours from pre-pandemic levels to 48 hours per fortnight. However, international students working in the aged care sector will be exempt from the capped fortnightly work hour limit until 31 December 2023.

You can ask me questions at any time.

Just email me at office@yuliamoiseeva.com.au and describe your migration issues!

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