Tag: TSMIT

Temporary Skilled Migration Income Threshold (TSMIT) in 2023.

The Temporary Skilled Migration Income Threshold will increase to $70,000 from 1 July 2023.

It has been held at $53,900 since 2013.

This increase, by the new Labor government, is the figure that was proposed by the Grattan Institute.

This change means … Read the rest

Temporary Skilled Migration Income Threshold (TSMIT) in 2022.

The Temporary Skilled Migration Income Threshold has not been increased from the $53,900 limit since 2013.

In 2019, the Labor party stated that, if elected, they would increase the Temporary Skilled Migration Income Threshold (TSMIT) immediately to $65,000 with annual indexing … Read the rest