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The purpose of the Migration Amendment (Visa Application Charges) Regulations 2023 (the Regulations) is to amend the Migration Regulations 1994 (the Migration Regulations) to increase VACs for the majority of visas.
The amendments implement the Government’s decision to index the VACs in accordance with the Consumer Price Index (CPI) and to implement the Migration – Uplift of Visa Application Charges Budget measure. The increased revenue generated will fund costs associated with improving visa processing including ensuring the timeliness of visa processing.
Source: Migration-Amendment-Visa-Application-Charges-Regulations-2023.pdf and
Migration-Amendment-Visa-Application-Charges-Regulations-2023-Explanatory-Statement.pdf