Wed, 7th Aug 2024
Know About New Immigration Rules Australia 2024!
READ MOREThurs, 28th September 2023
The 2023-24 Permanent Migration Program in Australia has been formulated to address the scarcity of specific skillsets in the country. The Australian Government has set the planning level for this program at 190,000 places. These places are distributed across various visa streams as follows:
Skill Stream
Family Stream
The program aims to achieve several objectives, including enhancing resilience, boosting productivity, and supporting the economy's transition to net-zero emissions. While the question of whether admitting a significant number of people annually is feasible and beneficial remains open-ended, a focused Migration Program geared toward skills supplementation can increase participation rates and the labor force's size. Migration also lowers the average age of the population due to the generally younger age of migrants compared to the existing Australian population.
The program primarily consists of two streams:
Noteworthy program features include:
Efforts will continue to manage visa numbers by funding 500 visa processing officers with an additional $48.1 million over 12 months.
Nomination allocations for state and territory-nominated visa categories for the 2023-24 program year are yet to be finalized.
It's important to note that the Permanent Migration Program is only one component of net overseas migration (NOM), which includes temporary migration, Australian citizens, New Zealanders, and Humanitarian migrants. Approximately 60% of visas under this program are granted to migrants already residing in Australia, minimizing the program's immediate impact on housing, infrastructure, and services.
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