The Albanese Government will increase the Temporary Skilled Migration Income Threshold (TSMIT) from $53,900 to $70,000 from July 1.
This is the Government’s first action in response to the independent Review of the Migration System led by Dr Martin Parkinson, which found that Australia’s migration system is broken.
The Albanese Government is also announcing that by the end of 2023, Temporary Skill Shortage (TSS) short stream visa holders will have a pathway to permanent residency within our existing capped permanent program.
This will provide employers and migrants with more certainty, and will help increase the skill level in our permanent skilled program.
Together, these two measures announced today fulfil important election commitments to increase the TSMIT and expand pathways to permanent residence.
