The AFR reports that the Albanese government is planning to fast-track visa approvals for highly paid skilled migrants who earn at least $120,000:
“The government has indicated to stakeholders the salary threshold for access to the new high-skill visa stream is likely to be around $120,000, but potentially as high as $150,000, according to sources involved in the consultation”, The AFR says.
However, the business lobby is believed to want a lower pay threshold of $98,000 for the new high-skill tier to ensure maximum access to the program, which is expected to include no skilled occupation list and no labour market testing.
