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457 visa replacement will let business hire highly-skilled staff

Employers will be able to use a new visa scheme to import highly skilled foreign workers from July, under a trial that will partially replace the popular-but-much-criticised 457 temporary skilled shortage visa that ended on Sunday.

457 visa replacement will let business hire highly-skilled staff
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An open-ended number of visas will be issued through the Global Talent Scheme for technology, science and engineering businesses, and other companies that generate at least $4 million a year in revenue, or are listed on the share market, and are prepared to pay staff more than $180,000 a year.

Read the full article on the Australian Financial Review.

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