TSMIT to Increase to $73,150 on July 1, 2024
From 1 July 2024, the Temporary Skilled Migration Income Threshold (TSMIT) will rise from $70,000 to $73,150, excluding superannuation. All new nomination applications submitted from this date must comply with the new TSMIT of $73,150 or the annual market salary rate, whichever is higher. Impacted visas include: Temporary Skill Shortage (Subclass 482) visa Skilled Employer […]
Significant Increase in Risk for Employers of Temporary Visa Holders
Significant change for Australian employers likely following the announcement of Draft Migration Amendment (Protecting Migrant Workers) Bill 2021. The Federal Government has flagged significant reforms to the obligations on Australian employers who employ temporary visa holders. The proposed reforms would strengthen the requirement to check the visa status and conditions of visa holders, increasing penalties […]