Changes to Salary Levels for 457 Visas By Mark Webster
22 June 2012
Changes have been made to the salary level for 457 visa applications and will come into effect from 1 July 2012.
The TSMIT (Temporary Skilled Migration Income Threshold) will increase from $49,330 to $51,400 - an increase of 4.2%.
The TSMIT is the minimum base salary which must be paid to a 457 visa holder. If the market rate for the position is under TSMIT, then the 457 visa cannot be granted.
English Testing Waiver for Trade Applicants
People being sponsored to work in a trade occupation will in general need to undertake English language testing (minimum score is 5 in each band of IELTS).
One exemption is where the applicant is to be paid a base salary above a certain minimum amount - this amount will increase from $88,410 to $92,000 from 1 July 2012, representing a 4.1% increase.
Exemptions are also available for holders of passports from the UK, USA, Canada, Ireland and NZ.
Market Rate Salary Exemption
457 visa applicants must be paid at the market rate of salary for their position. An exception to this is for people being paid over a certain amount - this amount is unchanged at $180,000.
Feel free to contact us if you need more information about obtaining 457 visas for your staff.