Global Power | Local Knowledge | Uniquely Personal
中文

Record numbers of skilled workers enter Australia

The 457 visa programme has seen its highest number of applications and grants since 2008, which could see more migrants buying property in Australia.
People looking to buy Australian property have been told skilled migration has reached its strongest level in three years.

Australia's 457 visa programme has reportedly seen its highest number of applications and grants since 2008, as more workers enter the country to fill vital skills gaps, Australia Magazine reported.

The latest Department of Immigration and Citizenship data suggests that the number of applications granted reached 42,840 in the 11 months to the end of May, marking a 38.3 per cent rise on the same period last year.

Construction jobs for 457 visa holders in Western Australia more than doubled, from 1,060 to 2,160, while mining jobs in Queensland also saw a dramatic lift – increasing from 460 to 860.

Meanwhile, seasonally-adjusted data from the Australian Bureau of Statistics has shown this month that 488,500 people visited the country on a short-term basis in May.

This represented a decrease of just one per cent from the number that entered Australia during the previous month.

Posted by Steve Douglas

DISCLAIMER: All information provided is of a general nature only and does not take into account your personal financial circumstances or objectives. Before making a decision on the basis of this material, you need to consider, with or without the assistance of a financial adviser, whether the material is appropriate in light of your individual needs and circumstances. This information does not constitute a recommendation to invest in or take out any of the products or services provided by SMATS Services (Australia) Pty Ltd or Australasian Taxation Services Pty Ltd.

COPYRIGHT: All information provided is protected by international copyright laws. You may not copy, reproduce, distribute, publish, display, perform, modify, create derivative works, transmit, or in any way exploit any such content, nor may you distribute any part of this content over any network. Copying or storing any content is expressly prohibited without prior written permission of SMATS Group or the copyright holder identified in the individual content's copyright notice. For permission to use the content on please contact info@smats.net.

Subscribe Now