The government introduced a number of changes to the migration sector on July 1 that could affect people visiting Australia from overseas and planning to work here.
One of these changes is that from July 1, the Temporary Skilled Migration Income Threshold (TSMIT) has been indexed by 4.8 per cent. That means the TSMIT has increased from $51,400 to $53,900.
The TSMIT was put in place to make sure those with 457 visas do not impose an undue financial burden on their adopted community.
The Department of Immigration and Citizenship (DIAC) states that the increase is in line with growth in average weekly earnings across Australia.
It will affect all nomination applications decided on or after July 1, no matter when they were lodged.
According to Amanda Tinner of Visa Executive, standard business sponsors must pay skilled migrant workers the market salary rate.
The increase to the TSMIT means that from now on, if the market rate for a particular position is under $53,900, the position cannot be nominated under the subclass 457 program.
So, business managers must make sure that any contracts they draw up for employees entering Australia on 457 visas specify minimum guaranteed earnings of $53,900. They must also meet market rates.
This change to the TSMIT does not apply to overseas visitors who already hold 457 visas.
The TSMIT is just one of the factors business managers and skilled migrant workers have to take into consideration when trying to organise 457 visas.
All workers who apply for this visa needs to demonstrate that they have adequate health insurance cover.
This private health insurance needs to cover both them and any family members that they bring to Australia.
When you apply for a 457 visa, you have to provide the DIAC with evidence of your 457 health insurance. This insurance must cover you for the duration of your stay in Australia.
According to My Access Australia, if you do not possess what is deemed "adequate" health insurance by the DIAC, they can use this as a basis for cancelling your visa.
There are a number of conditions that this health insurance needs to fulfil, and the best way to make sure your policy contains the cover you need is by consulting with HICA.
We have a sound knowledge of health insurance for visitors and can help you find a plan that works for you.
Source: Amanda Tinner, Visa Executive