Back in April, Home Affairs Minister Claire O’Neil announced that the Temporary Skilled Migration Income Threshold (TSMIT) would be increased from $53,900 to $70,000 from 1 July 2023. However, it would not be indexed to salary increases or inflation.
Labor’s new $70,000 TSMIT is still $15,000 less than Australia’s median full-time wage, which is weighed down by unskilled workers. As a result, it will continue to promote low-wage ‘skilled’ visa holders to enter Australia.
Following the announcement, Restaurant & Catering Australia (R&CA), Australia’s top industry organisation representing over 57,000 restaurants, cafes, and catering firms, slammed the new TSMIT.
