Commencing July 1, 2025, Australia will introduce significant modifications impacting skilled visa income requirements, minimum salaries, and superannuation contributions. Here’s what international workers should be aware of.
Beginning on July 1, 2025, a range of regulatory adjustments will be enacted in Australia, affecting international workers, skilled visa seekers, and their employers. These changes involve an increase in income thresholds for skilled visas, a rise in the national minimum wage, along with modifications to superannuation and business fees.
It is essential for foreign workers considering relocation to Australia or those currently residing there on temporary skilled visas to comprehend these amendments.
4.6% Increase in Skilled Visa Income Thresholds
| Visa Type | Previous Threshold | Revised Threshold |
|---|---|---|
| Core Skills Income | AUD 73,150 | AUD 76,515 |
| Specialist Skills Income | AUD 135,000 | AUD 141,210 |
| TSMIT (for 482/494 visas) | AUD 73,150 | AUD 76,515 |
This indicates that all newly submitted employer-sponsored visa petitions must meet or surpass the adjusted thresholds. However, individuals who currently hold a temporary skilled visa or have submitted nominations prior to July 1, 2025, will be exempt from these adjustments.
National Minimum Wage Increase for All Employees
- The weekly minimum wage will be raised to AUD 948
- The hourly minimum wage will amount to AUD 24.95
This adjustment will take effect from the first complete pay period that follows July 1, 2025. Though most foreign workers on skilled visas typically earn above the minimum wage, this update will be advantageous for those in entry positions or in the process of job transitions.
Superannuation Guarantee Rate Raised to 12%
Revised Business and Tax Regulations for Employers
- Company registration fees will increase from AUD 597 to AUD 611
- Annual review charges will go up from AUD 321 to AUD 329
- Business name renewal (1 year) will rise from AUD 44 to AUD 45
Implications for International Workers and Employers
- Prepare in advance to comply with increased income thresholds.
- Discuss salary adjustments that align with the revised TSMIT rates.
- Stay updated on superannuation rights.
- Allocate budget for rising costs related to wages, superannuation, and registration fees.
- Evaluate and revise job offers for skilled migrants applying after July 1, 2025.
Concluding Remarks
Fonte: Travelo Biz
