Four ways Australia’s new migration strategy could affect your business or startup

travel-airport migration

Source: Unsplash/Oskar Kadaksoo

Employers can expect to pay higher wages when recruiting talent from overseas, and new rules will crack down on “non-genuine” students and their dodgy education providers, under a long-awaited reset of Australia’s temporary migration regime.

Home Affairs Minister Clare O’Neil will today hand down the government’s new, 100-page immigration strategy, following a major review that found the system is “broken” and in need of significant reform.

The new strategy follows a post-lockdown boom in net migration to 510,000 people over the last financial year, which was initially viewed as a reflection of COVID-era demand.

Backdropped by a severe housing shortage, the federal government is now attempting to moderate migrant intake over the long term and predicts new policies will see net migration of 250,000 people in 2025.

COMMENTS