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Posted by on in General

Since the global financial crisis we have been impressing on clients the need to have a diversified portfolio, both by assets class and geographically. It’s been a sound strategy as over the past decade it has become clear we are in an age of change, and it is driving volatility and making the wealthy ponder how to protect their wealth.

Events like the GFC, European sovereign crisis in 2011, Chinese stock market crash in 2016, trade wars last year and COVID-19 this year have made markets difficult to navigate, and increased reliance on Australian migration and immigration agents to provide avenues for investment guidance.

We have adopted the term VUCA (volatility, uncertainty, confusion and ambiguity) to describe this change, and it is being driven by technology, globalisation, rising lifespans and increasing wealth in developing nations, particularly China.

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Posted by on in General

It’s well-known that moving to a foreign country can be extremely stressful. There’s the pressure of settling into a new home, job or school, adjusting to the culture and language, and being far away from usual family and friend networks.

It’s also natural to feel worried about the impact of COVID-19, and social distancing and self-isolation can make things particularly challenging.

Providing mental health and wellbeing support for your clients is a crucial element of the important job you do.

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The purpose of the instrument is to provide a pathway for certain former and current holders of temporary visas to lawfully remain in Australia and who would otherwise be required to depart Australia who, but for the COVID-19 pandemic, are unable to leave Australia.

The instrument limits the class of persons who can be granted the visa to those who hold a visa that is 28 days or less from ceasing to be in effect, or held a visa that is no more than 28 days from ceasing to be in effect. It further limits the class of persons to those who are unable to apply for the same temporary visa they hold or held or any other subclass of temporary visa other than the Subclass 408 visa.

Source: LIN20122.pdf 

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Migration Alliance has received the following email from the Department of Home Affairs, Immigration Policy Framework Branch this morning:

The Government has made announcements relating to temporary visa holders in Australia, as well as additional measures to support the Agriculture sector.  

Details of the announcements are available at the following websites: 

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The NFF and its members have been working collaboratively with the Government on the issue of farm workforce stability and safety for some time.

The decision to extend the visas of foreign workers already working in Australia pursuant to the Pacific Labour Scheme, Seasonal Worker Programmes, and Working Holiday Programmes, gives certainty to farmers when planning for upcoming plantings and harvest.

Importantly, it will permit a continuity of business in the production of fresh produce, that is so important to the health and wellbeing of Australians, especially during the COVID-19 pandemic.

Source: Certainty-for-farm-workforce-continuity-and-safety.pdf

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