Via the AFR:
An open-ended number of visas will be issued through the Global Talent Scheme for technology, science and engineering businesses, and other companies that generate at least $4 million a year in revenue, or are listed on the share market.
When announced in March the scheme was going to be limited to staff paid more than $180,000 a year. Since then the government has decided to cut the salary level to $145,000, a change that means more people will be eligible.
Another change is that employers must be registered as sponsors under the government’s temporary skills shortage scheme, which means that at least 75 per cent to 85 per cent of companies’ employees in Australia must be Australian and they must meet other regulatory requirements.
…Unlike the much-criticised 457 visas, which have been phased out, there will be no set list of occupations covered, a decision designed to allow companies to import skills the government doesn’t know they need.
The income threshold is reasonable but cutting skills shortages constraints is not.
This will be gamed and rorted like a crack-house whore.
