Regional concessions to be considered in Sc457 income threshold review
An evidence-based review of the Temporary Skilled Migration Income Threshold (TSMIT) for sc457 workers is underway, according to a recent statement from the office of the Minister of Immigration and Border Protection.
The last sc457 review recommended that the TSMIT is frozen at $53,900. In October, as part of the compromise to allow the passage of China-Australia Free Trade Agreement the Coalition government agreed to a review of the TSMIT. At that time, the opposition demanded an increase in the TSMIT to $57000.
Various industry bodies described the demand as unreasonable. Immigration Department figures obtained by The Australian show that, of the 13,239 visas granted under the 457 category to the end of September, 3581 fell below the proposed $57,000 threshold, equivalent to 27 per cent or over a quarter of all visas granted. Of those, 581 or 4.4 per cent of the 457 visas granted were right on the current threshold of $53,900, notes The Australian.
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