Employer Nomination Scheme Visa subclass 186.
This visa is a permanent residence visa for skilled workers, who are:
nominated an approved Australian employer
under 50 years of age, if you are applying under the Temporary Residence stream, or are under 45 years of age if you are applying under the Direct Entry stream
able to meet the skills, qualifications and English language requirements of the position
able to meet the other requirements of one of the streams of this visa.
The subclass 186 visa allows you to work in Australia under one of three streams:
Temporary Residence Transition stream 186 Visa.
The Temporary Residence Transition stream is for subclass 457 visa holders who have worked for at least two out of the three years (before the nomination is made), while holding a subclass 457 visa, in the same occupation with their nominating employer (who is not subject to a labour agreement and who has lodged a valid nomination with us under the Temporary Residence Transition stream), who wants to offer them a permanent position in that occupation.
The Direct Entry stream 186 Visa.
The Direct Entry stream is for:
people who have been nominated by their employer under the Direct Entry stream
people who have never, or only briefly, worked in Australia, or
temporary residents who do not qualify for the Temporary Residence Transition stream.
The Agreement stream 186 Visa.
The Agreement stream is for people sponsored by an employer through a negotiated formal labour agreement.
Source: immi.homeaffairs.gov.au/…/186