Australia has made an encouraging announcement about increasing the annual permanent residency intake numbers to 195,000 from the previous target of 160,000. The Australian government added another 35,000 places to the previous annual permanent residency intake targets in a bid to address the growing skills & labor shortage in the country.
Home Affairs Minister Clare O’Neil acknowledged the fact that Australia is losing more talented foreigners to countries like Canada, and the UK.
Australia was one of the few countries that imposed strict international travel restrictions early in the pandemic and gradually reopened to skilled workers only from December 2021.
The impact of travel restrictions aggravated the skills & labor shortage crisis in Australian industries. The country is currently facing skill shortages in Manufacturing, Retail, Tourism, Tech industry & Healthcare. An increase in the migrant cap will most likely benefit these industries.
Minister commented on the complex nature of the Australian immigration program with about 70 unique visa programs for foreign immigrants. She has promised to rebuild the immigration program to streamline the immigration process in near future.
Minister Clare O’Neil announced the increase in permanent residency intake for the year ending June 30, 2023, during a two-day summit of 140 representatives of governments, trade unions, businesses, and industry.
Australia Posts 480,100 Job Vacancies
The Australian Bureau of Statistics noted about 480,100 job vacancies in Australia as of May 2022. This is nearly a 100 percent increase from February 2020.
Skilled visa to Australia requirements is based on points secured against various human capital factors like age, education, language proficiency, work experience, and more.
We encourage you to check out our previous blog post that distinguishes between Canada and Australia’s immigration points systems for skilled migration and learn more about points required for skilled migration to Australia. Click here.
If you’re looking to improve your chances of immigration, we recommend getting in touch with a certified immigration consultant. Here, you can determine your eligibility and explore various options for skilled migration to Australia depending on your work experience and academic profile.
While countries like Canada, and Australia is poised well to welcome more skilled immigrants to boost post-pandemic recovery, you can book a free appointment with CanApprove and consult an expert before deciding on your Australian visa application.
CanApprove is a certified consultant for Canada and Australia immigration services and overseas education counseling. With a rich experience of 20+ years in the industry, CanApprove has had major successes in fulfilling the dreams of thousands of migrating abroad!