Home » Australia Immigration News » Australia’s Federal Budget 2022-23 Supports Increased Permanent Skilled Migration
Home » Australia Immigration News » Australia’s Federal Budget 2022-23 Supports Increased Permanent Skilled Migration

Australia’s Federal Budget 2022-23 Supports Increased Permanent Skilled Migration

Australias Federal Budget

The Morrison Government tabled Australia’s federal budget for 2022-23 on March 29, 2022. Among many other announcements for the recovery post-pandemic, Australian immigration programs will invite more applicants under permanent skilled migration. The Australian government has fixed the 2022-23 permanent migration program ceiling at 160,000 places.

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It’s been a month since Australia
opened its borders to all valid visa holders. The government is keen to return to a pre-pandemic composition of roughly two-thirds/one-third across the Skill and Family streams.          

Australian Immigration – Skilled Worker Stream          

Australia’s federal budget 2022-23 has increased the overall intake levels through the Skills stream to 109,900, more than 30,000 places above 2021-22 planning levels.

The Skill stream includes the following categories:  

  • Employer-sponsored programs
  • Skilled independent programs
  • State & Territory nominated programs
  • Regional visas
  • Business Innovation and Investment 
  • Global Talent 
  • Distinguished Talent 

The increase in skilled migration to Australia levels under the first four programs is offset by a decrease in intake applications under the last three programs. Experts have backed this decision to increase skilled worker visas. Migrants selected through the first four programs are highly skilled, and typically earn higher incomes than Australians of similar ages.

The official Treasury estimates primary holders of permanent employer-sponsored visas pay $557,000 more in taxes than they receive in public services and benefits over their lifetimes. Primary holders of Skilled Independent visas pay $386,000 more in taxes than they can expect to receive in return.

A proposal to review and update the occupation lists in early 2022-23 is certain to reflect the changes in the Australian labor market. The updated list will dictate what jobs are eligible for skilled migration to Australia visa. 

You can contact our immigration consultants to choose the most suitable program for Australian immigration. 

Australia Immigration – Family Stream

For 2022-23, Australia increases its intake to 50,000 applicants to support family reunions. The Partner and Child visa categories are estimated to deliver 40,500 and 3,000 visas respectively; while 6,000 places will be available for Parent visas; and 500 places for Other Family visas.

Australia moves to a demand-driven model for granting visas under the Partner visa program as it will provide the flexibility to issue visas in a given program year. 

Cheaper Visa to Study in Australia

Australia is planning to reduce the cost of student visa applications in an effort to welcome more international students. Click here to discover what new opportunities lie in studying abroad in Australia. 

Migrate to Australia from Dubai 

Planning your migration abroad for a better career opportunity and a good living standard requires professional guidance. At CanApprove, we are a team of certified consultants who can help you to migrate to Australia from Dubai. We offer reliable guidance to choose the best Australian immigration program based on your existing work profile. 

Australia is also targeting international students to study & settle in the country after it saw a dramatic fall in levels during the pandemic. Alternatively, Canada is equally an attractive destination to immigrate with your family and obtain permanent residency based on your work experience. 

Take this free assessment online to determine your eligibility for Australian immigration.

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Our 20+ years of experience in the industry makes us the No.1 choice to avail of services that can help you to migrate to Australia from Dubai. Book your free appointment to get started.

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