457 Visa Market Salary Rate to Stay the Same 2014/2015

Last Friday, the Assistant Minister for Immigration and Border Protection, the Hon Senator Michaelia Cash, confirmed in a MIA WA State Conference, that the Market Salary Rate payable for foreign workers under the 457 Visa Program will not be indexed for the 2014/2015 financial year.

From 1 July 2013 , the Temporary Skilled Migration Income Threshold (TSMIT), was indexed by 4.8 per cent, in line with the Australia-wide increase in average weekly earnings. The current TSMIT is set at $53 900.

Standard business sponsors are required to pay their overseas workers the market salary rate. Where the market rate for a position is less than $53 900, the position cannot be nominated under the subclass 457 program.

The TSMIT is set at this level to ensure that all subclass 457 visa holders have sufficient income to independently provide for themselves in Australia.

The TSMIT helps ensure that subclass 457 visa holders do not impose undue costs on the Australian community or find themselves in circumstances which may put pressure on them to breach their visa conditions. This is particularly important given these workers do not have access to a range of government support available to Australian citizens and permanent residents. 

For further information about the 457 Visa Program please email: info@ilmaustralia.com


Immigration Law Matters Pty Ltd
Head Office: Australia
Address: Suite 5, 600 Lonsdale Street,
Melbourne Australia 3000
Office Tel : (+613) 9300 1382
For Urgent Enquires call Mobile : (+61) 403 676 452
Email: info@ilmaustralia.com

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Youssef Haddad 20 posts

Youssef Haddad is a Director and a Principal Registered Migration Agent with ILM Australia. He is also a founding member.

Youssef is one of our leading Australian Migration Consultant and specializes in complex migration cases. Youssef has a strong understanding of the Migration Act and the Migration Regulations which allows him to effectively resolve complex migration matters.

Some of the matters that Youssef specializes in include Character Cancellations, Bogus Documents, Health Waivers, Onshore un-lawful Criteria, visa refusals.

Youssef handles all of our Migration and Refugee Review Tribunal Cases and is also responsible for representing our clients for Ministerial Intervention. Youssef has a high success rate when representing his clients which is a reflection of his sound understanding of Australian Migration legislation and devotion to the Migration Advice Profession.

Youssef also handles all of our Refugee and Humanitarian Visas and all other Family and Partner Migration Streams.When dealing with Youssef, you can expect to receive realistic and honest migration advice. You will have a clear understanding of your rights and responsibilities available to you under Australian Migration Law.

Youssef is originally from Lebanon and also speaks fluent Arabic.

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