The Australian Federal Government will take a formal look at ways to address critical skill shortages. A shortage of skilled workers in Australia is one of the biggest problems facing Australia’s business community; this has been clearly evidenced across the entire Australian economy since the borders officially opened at the end of 2021 The government is reportedly examining whether to lift the current migration caps as part of the new fix for the situation.
The Minister for Skills has stated that he is open to increasing labor supply across the country, particularly in sectors where there were critical shortages.
While the current annual migration limit is 160,000, there have been reports that indicate it could be increased to 180,000 or even 200,000.
The new Australian government has prioritized Australian jobs as it seeks to increase migration.
An increase from the current annual migration consumption of 160,000 may be discussed at the federal government’s jobs and expertise summit this coming September 2022.
About 100 business, labor, and political leaders will gather in Canberra on September 1-2. The Greens leader, Adam Bandt, has confirmed his attendance, joining Prime Minister Anthony Albanese and Nationals leader David Littleproud. Peter Dutton may end up being the sole main event chief who refuses to take a seat at the table.
Despite historically low unemployment rates, business teams have raised concerns about skilled workers shortage in critical industries such as well-being, trades, manufacturing, and technology. According to the Australian media landscape, the migration quantity could be increased to between 180,000 and 200,000 per year in order to attract more skilled international workers.
The Australian federal government has refused to confirm this number and no final decision has been made.
All of these changes that are being considered by the government may significantly impact the current skilled workers demand in Australia, as well as the long-standing problem of skilled migration to regional areas of Australia. We think these are exciting times for Australia’s skilled migration and an increase in the yearly cap would be of great benefit to those looking at migrating or wanting to pursue their Australian dream.
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Please note that the above information is general and not exhaustive nor specific to your case. We always advise that you firstly speak to a migration agent or lawyer prior to making any migration-related decision.
