457 Visa Changes - How does it impact you and your business?

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    Dear Members,
     

    As you would have seen in the media, the Australian Government has recently abolished the 457 Immigration Work Visa and instated a new, much stricter system, to be fully in place by March 2018.

    A large number of international and Australian organisations currently employ close to 100,000 international professionals under the 457 Visa program, however under the new scheme workers will be subject to tougher eligibility tests, including facing tougher English language criteria and work experience requirements. Some occupations may have an increased minimum salary requirement, and there will be a heavier focus on labour market testing. In many situations, visas will be limited to a maximum of 2 years rather than 4 years, with only one opportunity to renew onshore. A great number of overseas workers will experience difficulties transitioning from temporary to permanent residence visa status. This will have a significant impact on both our members and their businesses.

    A report prepared by Deloitte summarising the changes and expected impacts in more detail can be found  HERE.

    In partnership with the American Chamber of Commerce, FACCI is inviting its members to participate in a short anonymous survey, with the objective of obtaining feedback and opinions which can be presented to the Australian Government and the media regarding the impact on their businesses and the Australian economic landscape. We hope to gain an understanding of the new environment facing members and their businesses, which in turn will enable us to propose alternatives to the 457 Visa and explore joint initiatives Chamber members can take.
     
    The short survey will help us build a brief profile of your company, ask you the impacts the abolition will have on your business and ask your views on how you believe it will impact the Australian economy and our skilled workforce. While the survey does give you the option to provide your name and a contact email address, we will not share any of your personal information unless your permission is given.
     
    The survey can be taken until Wednesday 10 May by clicking 
    here.

    We thank you in advance for your assistance in providing your views on this matter.

    In partnership with

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    T (+61 2) 9099 1320 | 
    nsw@facci.com.au

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