What does the 2024-25 budget do for Immigration – key takeaways

The Australian government released its 2024-25 budget last night. While there were not many strikingly significant takeaways from this budget, international students appear to be the big losers.

Key Points

• Applying for an Australian visa will be more expensive from 1 July 2023.
• Skilled workers stream to account for 70% of all visas allocated in the 2023-24 Migration Program.
• Student visa work restrictions are to be capped at an increased rate of 48 hours per fortnight from 1 July 2023.
• Temporary Graduate visa holders with select degrees will get an extra two years of post-study work rights.
• A $25 ballot for working and holiday visas will also be introduced for people coming from China, Vietnam and India from next financial year.