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The following table summarises the amount of the charge that apply:
Years elapsed |
For businesses with an annual turnover less than AUD 10 million |
In any other case |
<1 |
AUD 3000 |
AUD 5000 |
1-less than 2 |
AUD 2400 |
AUD 4000 |
2-less than 3 |
AUD 1800 |
AUD 3000 |
3-less than 4 |
AUD 1200 |
AUD 2000 |
4-less than 5 |
AUD 600 |
AUD 1000 |
As an exception to the above, the charge is nil for nominations of an occupation for a Subclass 494 visa in the Labour Agreement stream where the occupation is minister of religion or religious assistant (as listed in the Australian and New Zealand Standard Classification of Occupations). This maintains the current position, in relation to nominations for the purpose of Subclasses 457 and 482, at subsections 5(3) of the SAF Charges Regulations, and Subclasses 186 and 187 at subsection 6(3).
The revenue raised by imposing the charge on nominations made for Subclass 494 will offset expenditure from the Skilling Australians Fund (SAF), a training fund administered by the Department of Education and Training. The SAF provides funding for apprenticeships and traineeships in high demand occupations that currently rely on skilled migration or have future growth potential, including in regional Australia.
Source:
https://www.legislation.gov.au/Details/F2019L00553
and
https://www.legislation.gov.au/Details/F2019L00553/Explanatory%20Statement/Text