Budget 2021 Review
Student visa holders
The Government will provide further support to employers in the tourism and hospitality sectors to help them find workers, by temporarily allowing student visa holders to work more than 40 hours per fortnight, as long as they are employed in the tourism or hospitality sectors.
Temporary visa holders
The Government has removed the requirement for applicants for the Subclass 408 Temporary Activity visa to demonstrate their attempts to depart Australia if they intend to undertake agricultural work.
The period in which a temporary visa holder can apply for the Temporary Activity visa has also been extended from 28 days prior to visa expiry to 90 days prior to visa expiry.
Migration program numbers
The Government will maintain the 2021-22 Migration Program planning level at 160,000.
Family and Skilled stream places will be maintained at their 2020-21 planning levels, with a continued focus on onshore visa applicants, including reducing the onshore Partner visa pipeline.
Skilled visas – around 50% of the program dedicated to skilled visas and giving priority to highly skilled migrants in the employer sponsored Business Innovation and Investor Program and Global Talent visa cohorts.
Family visas – the number of places available will be set at 77,300 places for 2021-22.
Given the proportional allocation of places to the BIIP, Global Talent and Family visas, an overall decrease in other skilled migration visa places is evident.
Humanitarian Program will be maintained at 13,750 places in 2021-22.
The size of the program will remain as a ceiling rather than a target.
As previously noted Net Overseas Migration (NOM) is expected to fall from around 154,000 persons in 2019-20 to be around -72,000 persons by the end of 2020-21, before gradually increasing to around 201,000 persons in 2023-24.
Sponsored Temporary Parent visas – extension of validity period (new announcement)
The validity period for Sponsored Parent (Temporary) visas will be extended by 18 months for individuals who are unable to use their visas due to COVID-19 travel restrictions.
Global talent visas
Over the next four years $550 million will be committed to attract talent and business from overseas. The ATO will provide fast track tax advice to foreign investors and individual tax residency rules will be simplified.
Streamlining of visas will occur to target highly skilled individuals when circumstances allow, no further details of this streamlining were announced. This announcement most likely refers to the Global Talent visa services provided by the Global Talent Taskforce.
The above information is based on budget.gov.au
Source: www.mia.org.au