Temporary Skilled Migration threshold increased to $70,000
From 1 July the Federal Government will increase the Temporary Skilled Migration Income Threshold (TSMIT) from $53,900 to $70,000.
This threshold has remained frozen since 2013 and it has not moved with the times and does not reflect the pay of most Australian workers, around 90 percent are paid more than the current TSMIT.
According to the Albanese government the threshold is now where it should have been if it had been properly indexed over the previous 10 years.
“The Temporary Skilled Migration Income Threshold was frozen for a decade by the former Liberal Government, including the six years where Peter Dutton was Minister. This is not fair for migrant workers, and it is not fair for Australian workers,” said Andrew Giles Minister for Immigration Citizenship and Multicultural Affairs.
“Providing pathways to permanent residency for workers on Temporary Skill Shortage visas is another step towards ending the ‘permanently temporary’ limbo that formed a key part of the decade of mismanagement under the former Liberal government.”
This is the Government’s first action in response to the independent Review of the Migration System led by Dr Martin Parkinson, which found that Australia’s migration system is broken.
The Albanese Government is also announcing that by the end of 2023, Temporary Skill Shortage (TSS) short stream visa holders will have a pathway to permanent residency within our existing capped permanent program.
This will provide employers and migrants with more certainty and will help increase the skill level in our permanent skilled program.
“Our migration success story is rooted in permanency and citizenship. Giving people the chance to get established in their community, educate their kids, and become Australian,” said Clare O’Neil Minister for Home Affairs and Cyber Security.
We are leaving behind the unplanned, unstrategic, temporary migration program we are currently encumbered with thanks to the previous government.
Together, these two measures announced today fulfil important election commitments to increase the TSMIT and expand pathways to permanent residence.