Published on : October 27, 2022
The Federal Budget of the Australian Government was delivered on Tuesday, October 25, 2022. The budget is based on the commitment of the Government of building a stronger, more resilient and more modern economy.
Budget October 2022-2023 - “Building a Better Future” - puts forward a migration system that strengthens the workforce and builds community. The Australian Government is committed to ensuring that Australia has the right skills required to support the economy, driving future growth.
The commitment includes using migration towards easing the existing critical skill and labour shortages. Australia’s permanent migration program has been expanded to 195,000 visa spaces in 2022-2023. This is an increase of 35,000 from the previous migration programming levels announced in March 2022.
The announcement to increase Australia PR visa spaces to 195,000 in 2022-2023 was made in the form of a joint Press Release - “Australia’s migration future” - issued by the Minister for Home Affairs Clare O’Neil and the Minister for Immigration, Citizenship and Multicultural Affairs Andrew Giles.
More than 90% of the new places will be for Australia skilled migration.
Australia’s Latest Migration Program Planning Levels | 2022-2023 Migration Program Total Australia PR visa spaces available (July 1, 2022 to June 30, 2023): 195,000 First announced on - September 2, 2022 Detailed composition announced on - October 25, 2022 |
||||
Stream |
Category |
In 2021-2022 |
Previously, for 2022-2023 (announced in March budget) |
New, for 2022-2023 (announced in October budget) |
Skill |
Employer sponsored |
22,000 |
30,000 |
35,000 |
Regional |
11,200 |
25,000 |
34,000 |
|
State/Territory Nominated |
11,200 |
20,000 |
31,000 |
|
Skilled Independent |
6,500 |
16,652 |
32,100 |
|
Business Innovation & Investment |
13,500 |
9,500 |
5,000 |
|
Global Talent (Independent) |
15,000 |
8,448 |
5,000 |
|
Distinguished Talent |
200 |
300 |
300 |
|
Skill visas: Total |
79,600 |
109,900 |
142,400 |
|
Family |
Partner [estimate only, not subject to a ceiling, demand-driven] |
72,300 |
40,500 |
40,500 |
Parent |
4,500 |
6,000 |
8,500 |
|
Child [estimate only, not subject to a ceiling, demand-driven] |
3,000 |
3,000 |
3,000 |
|
Other family |
500 |
500 |
500 |
|
Family visas: Total |
80,300 |
50,000 |
52,500 |
|
Special eligibility |
100 |
100 |
100 |
|
TOTAL MIGRATION PROGRAM |
160,000 |
160,000 |
195,000 |
The Australian Government is providing an additional funding of $42.2 million to address skills shortages. The funding will be used to -
A Migration Strategy is also being developed, focussing on ways to grow the Australian economy and attract high-skilled migrants.
According to the Minister for Immigration, Citizenship and Multicultural Affairs Andrew Giles, “The Albanese Government is committed to re-establishing immigration as a nation-building function of Government, in order to realise our full potential as a reconciled nation that harnesses its diversity.”
Source: Twitter
Australia is among the top destinations to migrate overseas. The right guidance can help you narrow down to the best Australian immigration options for you and your family.
Get a Free consultation today!
Topics: Australia
As the traditional office setup shifted during the pandemic, remote work gained...
When applying for a Schengen visa, one of the most important documents you need...
The United States is on the brink of introducing a new immigration pathway...
Kansas Overseas Careers Pvt Ltd is NOT a RECRUITMENT / PLACEMENT AGENCY, we neither assist in any kind of Job / employment offers nor do guarantee any kind of domestic/International placements.
Eligibility Check
Canada PR Calculator
Australia PR Points
Visit Visa
Germany
Hong Kong
Services
Migrate
Study
Counselling
Online Payment