You might not know this but

You might not know this but the 482 work visa just had some massive changes and if you're planning to migrate or hire overseas talent you need to know exactly how your bottom line is about to shift. The course skills income threshold. The 482 visa, as it used to be known, has officially jumped by a CPI of $79,423. Since 95% of 482 visas fall into the course skills stream, your base salary must now clear that exact number to qualify. You still have to pass the Australian worker test and if your current market salary testing shows anything below the new threshold, you will need to redo it immediately. If you happen to qualify for the specialist stream, processing moves slightly faster, but still slow. The minimum salary requirement jumps dramatically to $146,576. Both thresholds are strictly for guaranteed base earnings. So commissions, bonuses and superannuation packages do not count at all. Meanwhile, application fees have skyrocketed by 25% making the primary applicant and the partner fees hit $4,150 and a further $4,150 for your partner. For that you can join a 3 to 10 month queue because you are on a shortage list and Australia really needs you. The CSIT has increased to $79,423 and the Specialist Skills Income threshold has also increased in line with inflation to $146,576. The program was originally designed to be cheaper and faster for employers unable to find local workers, but securing someone from the government shortage list now realistically costs $15,000 to $20,000. Course skills processing has slowed to over three months on average with 10% of cases dragging past 10 months. This is completely unacceptable and misses every single policy objective the visa was built for, functioning now as a pure revenue generator that actively harms the Australian economy. Have a great day.