The Australian government has implemented a number of new initiatives to address immigration and the enrollment of foreign students, particularly with regard to their housing and accommodation requirements. Australia’s government unveiled the Federal Budget 2024–25 on May 14, 2024 listing out the measures to be undertaken for the benefit of international students and migrants.
The Government is reforming Australia’s migration system to drive greater economic prosperity and restore its integrity, implementing actions outlined in the Migration Strategy. This Budget supports skills in demand, with around 70 per cent of the permanent Migration Program allocated to skilled visa categories.
The Government will also introduce a new National Innovation visa to attract exceptionally talented migrants and replace the Global Talent visa and the Business Innovation and Investment visa. These actions complement reforms being developed for the points test used for certain skilled visas.
