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ARTICLE · 30 MAY 2024

2024-25 Federal Budget: Key migration changes for employers

Holding Redlich
Holding Redlich
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Holding Redlich

Holding Redlich

Holding Redlich is a large national commercial firm with offices in Melbourne, Canberra, Sydney,...

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Budget announcement provided insights into the migration program for the next financial year.

AustraliaImmigration

The Federal Budget announcement on 14 May provided some insight into the migration program for the next financial year. These announcements align with the Migration Strategy and ongoing reforms we can expect to see over the next few years. This article summarises some of the key announcements that will impact employers.

Cap on student visa numbers from 1 January 2025

In recent months, we have seen many changes to student visas as part of the Government's efforts to strengthen the integrity of the migration program. The Government has announced it will impose caps on student visa numbers from 1 January 2025. Details of those caps are expected to be announced following extensive consultation with stakeholders. For employers, a reduction in student visa holders in Australia means a reduced casual workforce.

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