• Service: Tax, Global Mobility, Immigration
  • Type: Business and industry issue, Regulatory update
  • Date: 12/06/2014

Subclass 457 visas: End of financial year considerations 

Are you prepared for end of financial year?

As the end of the financial year is approaching, this is a good opportunity for your business to review possible immigration changes that may impact your business.

Key areas of focus


  • An increase in the Temporary Skilled Migration Income Threshold (TSMIT).
  • An increase in the Superannuation Guarantee Levy from 9.25 percent to 9.5 percent.
  • Consideration of potential notifiable events to the immigration department triggered by promotions occurring 1 July.
  • A likely increase in immigration department visa application charges and/or immigration regulation or process changes.



This factsheet provides more information on these issues.



Share this

Share this

Migration Newsflash

Migration Newsflash
Keep up-to-date with issues and developments in the immigration environment.

Immigration Services

KPMG's Immigration Services practice helps companies and individuals navigate Australian immigration law.