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Australia: Minimum income threshold for Temporary Skilled Migration increased (2023)

Description

On 27 April 2023, the Australian Government announced an increase in the Temporary Skilled Migration Income Threshold (TSMIT) from AUD 53'900 (USD 33'381) to AUD 70'000 (USD 43'352), effective 1 July ...

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Intervention Details

Intervention Type

Labour market access

MAST Chapter

Migration measures

Implementation date

01 Jul 2023

Revocation date

30 Jun 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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