The Australian government has announced new regulatory measures that will increase income thresholds for skilled visa applicants, raise the national minimum wage, and adjust superannuation rates and employer fees effective July 1, 2025.
According to Travel biz, the reforms were confirmed in a government statement and will apply to foreign workers applying for visas, businesses sponsoring skilled migrants, and employers operating within Australia.
According to the update, the Temporary Skilled Migration Income Threshold (TSMIT) will rise from AUD 73,150 to AUD 76,515.