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ARTICLE · 12 MAY 2023

Australia Raises Income Threshold For Skilled Migrant Visas

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Effective July 1, 2023, the Australian government will raise the Temporary Skilled Migration Income Threshold (TSMIT) from AUD $53,900 to AUD $70,000.

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Effective July 1, 2023, the Australian government will raise the Temporary Skilled Migration Income Threshold (TSMIT) from AUD $53,900 to AUD $70,000. The move is a response to the government's independent "Review of the Migration System," which recently recommended actions for updating Australia's immigration system. Raising the TSMIT will affect eligibility for the Subclass 482 visa – a Temporary Skill Shortage visa designed to allow employers to sponsor a suitably skilled foreign worker to fill a position for which a qualified Australian candidate cannot be found. According to the government announcement, around 90% of full-time jobs in Australia are now paid more than the current TSMIT.

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