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Australian Immigration Daily News

Breaking Australian immigration news brought to you by Migration Alliance and associated bloggers. Please email help@migrationalliance.com.au

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  • Previously acceptable visa types are being shown the door by a number of Australian lenders
  • It's still possible to borrow at higher loan amounts with certain visa types and if you can present a strong case to the right lender

21 February 2017, Sydney, Australia - Temporary residents living in Australia are feeling the sting of strict mortgage lending policies for foreigners.

Initially, banks had only pulled back on lending to foreign citizens living overseas wanting to invest Down Under.

In the past year though, a number of banks have been requiring temp residents to come up with larger deposits, even those on long-stay 457 visas.

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The Subclass 485 Visa enables overseas graduates to live, work and travel within Australia temporarily after they’ve finished their studies. This visa was designed to help develop the skills graduates gained during their studies within Australia, as well as making them more employable upon their return to their home country. In 2013, this visa was broadened to make studying at an Australian university more appealing in such a competitive global education market.

When applying for this visa, applicants must provide evidence that they have made appropriate arrangements for health insurance in Australia for the duration of the visa processing period, and for the duration of their visa, once it has been granted.

If you have clients who are applying for a Temporary Graduate Visa Bupa’s overseas visitor covers meet Department of Immigration and Border Protection (DIBP) health insurance requirements and also include the following benefits:

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The Australasian Veterinary Boards Council (AVBC) now accepts TOEFL iBT® scores to meet the English language requirements for skills assessment and National Veterinary Examination application purposes. 

To meet the requirement, applicants must achieve the following minimum scores in each section:

  • Listening - 24
  • Reading - 24
  • Speaking - 23
  • Writing - 27

This standard must be achieved in the one sitting and its currency is two years.

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Since they sold their first policy 2008, BizCover has been helping small business owners compare and buy business insurance online quickly and easily. 

They’ve done the hard yards of shopping around so you can get the right cover from Australia’s leading insurers and at the right price, instantly online. All you need to do is enter a few basic details about your business, compare multiple quotes, and decide which one is right for you. There’s no tricky paperwork to complete and your policy documents are emailed to you.

Over 50,000 businesses love them already!

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If you suspect that a client’s TOEFL iBT® test result is not legitimate, you can verify the scores by contacting ETS.

Here’s how it works: Send an email with a scanned copy of the test result along with your name, your organisation’s name and contact details to This email address is being protected from spambots. You need JavaScript enabled to view it.

You will be advised if:

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