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December 15, 2023

Australia announces Migration Strategy; Skills in Demand visa

After the first comprehensive review of Australia's migration system in decades, the Australian government has announced the Migration Strategy (the Strategy). Most elements of the Strategy have been signposted in earlier government responses to the review and several announcements during 2023. In general, the proposed reforms will simplify temporary and permanent skilled migration and are welcome. However, a significant amount of detail is still to be determined and the proposed timetable for implementation of significant reforms in late 2024 is prolonged.

A Tax Alert prepared by EY's People Advisory Services group, and attached below, provides additional details.


Full text of Tax Alert