November 4, 2024
The Australian Government announced its 2024-25 Permanent Migration Program on 14th May 2024, setting 1,85,000 available places. The program is effective in responding to skills shortages within sectors, also upholding the contributions that migrants make to Australian society while supporting regional areas.
The Permanent Migration Program shall help fill diverse skill gaps in the workforce and reinforce family relationships. This is a highly skilled migration program because it is intended to boost the numbers of working-age people, thus expanding the economy. The proposed composition for 2024-25:
Skill Stream
The Skill Stream is intended to enhance Australia’s productive capacity and tackle labor shortages, especially in regional areas. Here are the significant classifications within the Skill Stream for 2024-25:
The Family Stream remains vital for social cohesion. It allows Australian nationals and PR residents to reunite with family members from abroad. The Family Stream maintains a planning level of 52,500 places, which includes:
This structure sustains the government’s commitment to family reunification and acknowledges the social contributions of migrant families.
The Special Eligibility Stream comprises 300 places for individuals in special circumstances, such as returning permanent residents.
The planning levels for the Migration Program are set annually alongside the Federal Budget. The government consults state and territory governments, industry groups, and community organizations in the determination of levels for 2024-25. This input assists in shaping the program toward meeting Australia’s economic and demographic needs.
It is important to note that the Permanent Migration Program is just one part of net overseas migration (NOM). NOM also includes temporary migrants like international students and Working Holiday Makers. Approx. sixty percent of visas in the Permanent Migration Program are granted to individuals already living in Australia. This helps minimize immediate impacts on housing and services.
The government’s future plan will be to transition into a multi-year model starting 2025-26. The planning horizon will thus be extended to four years, which might help the long-term needs of infrastructure and services become better aligned. This new multi-year approach will be opened for public consultation later in the year.
The 2024-25 Permanent Migration Program is an important economic and social enabler in Australia. Skilled and family streams help bring about a stronger workforce and better social cohesion. As time goes by, with a shift toward multi-year planning for Australia, the government will continue to consult with the sectors to ensure that its migration policy aligns with the long-term outcomes. Whether you are contemplating a migration to Australia or just want to know about how these things work, an understanding of the changes is necessary.
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