Budget 2011: Migration Effects

Budget 2011: Migration Effects

On 10th May, 2011 Treasurer Wayne Swan announced the 2011-12 Australian Federal Budget. The budget announced 16,000 extra skilled migration places in Regional Areas. Unemployment is forecasted at 4.75% at end of 2011-12, and 4.5% in 2012-13 reflecting the tighening labour market and  impending skill shortages. DIAC have announced 4 main initiatives:
1.  Introduction of a Skilled Migration Selection Model
2.  Additional Funding to improve 457 Visa Processing
3.  Introduction of a Regional Migration Agreements (RMA's)
4.  Introduction of Enterprise Migration Agreements (EMA's)

 

Summary of Main Inititiatives announced in the 2011 Australian Federal Budget:

  1. Introduction of a Skilled Migration Selection Model
    This will be an electronic system Model (aka The Model) based upon a two-stage process. Prospective applicants first submit claims for skilled migration through an online Expression of Interest (EOI) and subsequently if accepted may be invited to make a visa application. Once invited, the Model will ensure a match between the number of applicants and the number of available program places. This will result in streamlined processing times. 
    For more information: http://www.immi.gov.au/skilled/general-skilled-migration/skilled-migrant-selection-model.htm
  2. Additional Funding to improve 457 Visa Processing
    The Budget announded an additional funding of $10 million for the 457 program in 2011-12, which aims to halve processing times for 457 visas from the current median of 22 calendar days.
    http://www.immi.gov.au/skilled/457-additional-funding.htm
  3. Introduction of a Regional Migration Agreements (RMA's)
    These RMAs are agreements that will bring together employers, local and state government and unions to cooperate on addressing local labour needs. RMAs will be a coordinated response to regional labour needs, helping local areas to implement workforce strategies that support growth while ensuring Australian workers remain the first choice for employers and industry. RMAs will be custom-designed, geographically based migration arrangements that set out the occupations and numbers of overseas workers needed in the area. Concessional access to semi-skilled overseas workers will be negotiated where there is a demonstrable and critical need.
    http://www.immi.gov.au/skilled/regional-migration-agreements.htm
  4. Introduction of Enterprise Migration Agreements (EMA's)
    A new temporary migration initiative to help address the skill needs of the resources sector.
    Major resource projects, via EMAs will be able to access overseas labour for genuine skill vacancies which cannot be filled from the Australian labour market.  EMAs are forecast to streamline negotiation arrangements for access to overseas workers and guarantee fast processing times for visa applications.
    http://www.immi.gov.au/skilled/enterprise-migration-agreements.htm
Source: DIAC

 

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