Key changes announced today by the Australian Government in the Federal Budget 2022-23 :
The Government will maintain the 2022-23 permanent Migration Program planning level at 160,000. Skill stream places will increase from the 2021-22 planning levels to 109,900, and account for around 70 per cent of the permanent Migration Program.
The Government is also redistributing 10,000 places in the 2021-22 Migration Program from the Partner visa category within the Family stream to the Skill stream, thereby increasing the Skill stream ceiling from 79,600 to 89,600.
The Government will also increase country caps for Work and Holiday visas by 30 per cent in 2022-23, increasing overall places available by around 11,000.
The Government will provide $19.5 million over 2 years from 2022-23 to continue the Global Business, Talent and Investment Taskforce, as the renamed Global Australia Taskforce, to attract talented individuals and international investment to Australia.