Australian immigration policy: What can Australian businesses expect?

Australia's immigration intake was an unsurprisingly hot topic throughout the recent election campaign period, and now that Scott Morrison's Coalition government has emerged victorious, the Australian public has been left asking the question: "what should we expect Australia's immigration policy to look like?".

Since March, Scott Morrison has been proposing to reduce Australia's annual permanent migration cap from 190,000 to 160,000, and it seems that the cap is likely to remain at this level for at least the next 3 years. To clarify - the permanent migration numbers to which this cap refers include permanent visas such as skilled working visas, as well as permanent visas for family members, partners, refugees and investors.