The Australian Government has announced that from 1 July 2024, the Temporary Skilled Migration Income Threshold (TSMIT) will be increased from the current $70,000 to $73,150.
All new employer nomination applications that are submitted on or after 1 July 2024 must be above the new TSMIT.
The following visa subclasses will be affected by the increase in the minimum salary threshold:
- Temporary Skill Shortage (TSS) (subclass 482) visa;
- Employer Nomination Scheme (ENS) (subclass 186) visa Direct Entry stream; and
- Skilled Employer Sponsored Regional (Provisional) (subclass 494) visa.
It is to be noted that the new increase to the TSMIT from 1 July 2024 will most likely not impact current TSS subclasses 482 visa or 494 visa holders, or nomination and visa applications lodged prior to 1 July 2024 where the TSMIT is below the new minimum salary threshold of $73,150.
For advice regarding Australian visas and sponsoring skilled overseas workers, please do not hesitate to contact us at info@hartmanimmigration.com.au for Australian immigration assistance.