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BUSINESS TO PAY LEVY ON CERTAIN SKILLED VISAS

Businesses with turnover of less than $10m per year will be required to make an upfront payment of $1,200 per visa per year for each employee on a Temporary Skill Shortage visa and make a one-off payment of $3,000 for each employee being sponsored for a permanent Employer Nomination Scheme (subclass 186) visa or a permanent Regional Sponsored Migration Scheme (subclass 187) visa.​

WHAT THIS MEANS FOR YOU ?

The measure is estimated to have a gain to revenue of $1.2bn over the forward estimates, which will be used to support the training and development of Australian workers.​  The Fund will prioritise apprenticeships and traineeships for occupations in high demand, occupations with a reliance on skilled migration pathways, industries and sectors of future growth, trade apprenticeships, and apprenticeships and traineeships in regional and rural areas.​