• By GVM
  • 15 Jun, 2025

Staying informed about Australia’s migration and employment policy changes is crucial for both businesses and skilled migrants. Below is a comprehensive overview of the latest wage and visa updates, effective as of July 1, 2024, and beyond.

1. National Minimum Wage Increase

  • Effective Date: July 1, 2024
  • New Minimum Wage: AUD 915.90 per week or AUD 24.10 per hour
  • Increase: 3.75%
Employers should adjust payroll budgets to comply with these changes and maintain a fair compensation structure.

2. Temporary Skilled Migration Income Threshold (TSMIT) Update

  • Effective Date: July 1, 2024
  • New TSMIT: AUD 73,150 (previously AUD 70,000)
This underscores the government’s commitment to ensuring competitive salaries for sponsored skilled workers.

3. Skills in Demand (SID) Visa Introduction

  • Launched On: December 7, 2024

The Skills in Demand (SID) visa aims to attract both core and specialist skills. It includes two key salary thresholds:

  • Core Skills Income Threshold: AUD 73,150 – applicable to SID (Core Skills stream) and ENS (TRT and Direct Entry streams)
  • Specialist Skills Income Threshold: AUD 135,000 – applicable to SID (Specialist Skills stream)

4. Threshold Adjustments for July 1, 2025

  • Core Skills Income Threshold: AUD 76,515 (up from AUD 73,150)
  • Specialist Skills Income Threshold: AUD 141,210 (up from AUD 135,000)

5. Superannuation Contributions Increase

  • Effective Date: July 1, 2025
  • New Rate: Increasing from 11.5% to 12%
Employers must ensure SID and TSS visa holders still receive the required guaranteed earnings, despite higher superannuation contributions.

6. Regional TSMIT Announcement

The TSMIT for regional-sponsored visa programs is expected to be announced later in 2025. Employers hiring in regional areas should stay alert for compliance updates.

How GVM Can Help

Navigating these evolving wage and visa regulations can be complex. Global Vision Migration (GVM) specializes in guiding employers and skilled workers through each step of the process, ensuring both compliance and strategic planning for long-term success.

Get in Touch with Global Vision Migration

Melbourne: Suite 601, Level 6, 365 Little Collins Street, Melbourne VIC 3000
Phone: (03) 9978 7968

Canberra: Suite 529, Level 5, 15 Moore Street, Canberra ACT 2601
Phone: (02) 6190 7979

Sydney: 57 Dunmore St, Wentworthville NSW 2145
Phone: (02) 8880 0288

Perth: Level 27, 44 St Georges Terrace, Perth WA 6000
Phone: (08) 6388 0985

Gold Coast: F10B, 47 Ashmore Road, Bundall QLD 4217
Phone: (07) 2113 2408

Mobile: 0430 081 804

Email: info@gvm.com.au | migration@gvm.com.au

Book a Follow-Up Migration Consultation

Ready to discuss how these changes could impact your migration pathway or workforce?

Book a Follow-Up Migration Consultation and let our expert team at Global Vision Migration craft a personalized plan that keeps you ahead in Australia’s shifting landscape.

Stay compliant and stay competitive. Connect with GVM today for reliable, up-to-date migration advice.