Australian Federal Budget 2020-2021
The planned ceiling for the Migration Program will remain at 160,000 places with family, business, and employer visas prioritized.
Priority processing will also be given to onshore visa applicants as well as those Partner visa applicants wherein the relevant sponsor lives within any of the designated regional areas in Australia.
Summary of Australia Budget 2020-2021
Focus on the employer sponsored, new Global Talent and Business Investment and Innovation Program.
Significant Increase in Family Visa
English language requirement for Partner visa applicants
Visa application Charge waiver and refund for Temporary visas holder.
Business and Investment Visa Changes
From 1 July 2021, the Government will streamline and improve the operation of the Business Innovation and Investment Program (BIIP). Changes will be introduced to improve the quality of investments and applicants. Visa application charges for BIIP visas will also be increased by an additional 11.3 percent (above regular CPI indexation) on 1 July 2021.
Benefit of Business and Investment visa
Processing priority to Subclass 188 visa application
Highest priority is given to those in Subclass 188C SIV stream
Applicant who granted under Subclass 188 visa exempt from travel restrictions
The Global Talent Visa
Created to attract leaders and innovators in the following areas:
Agricultural Technology (Ag Tech)
Financial Technology (Fin Tech)
Medical Technology (Med Tech)
Energy and Mining Technology
Space and Advanced Manufacturing
Quantum Information/ Advance Digital/ Data Science and ICT
Benefit of Global Talent
High priority to GTI application
Processing timeframe: from 2 days to 2 months
Direct Australian PR
No expensive Skilling Australians Fund levy
Job offer in Australia is not required
Changes to Family and Partner Stream
77,300 places have been allocated to the Family program.
72,300 places have been allocated to partner visas
English language required for partner visas
Required character checks