The Australian Government has revealed the <\/span>Subclass 482 (Skills in Demand) Visa <\/span>(SID Visa) as part of its effort to reform the nation\u2019s skilled migration framework. Replacing the <\/span>Subclass 482 (Temporary Skill Shortage) Visa<\/span>, the SID Visa streamlines processes, improves pathways to permanent residence, and introduces updated eligibility criteria.<\/span>\u00a0<\/span><\/p>
These changes align with the <\/span>Migration Amendment (2024 Measures No. 1) Regulations<\/a><\/span>, aimed at addressing labour shortages, driving growth in critical sectors, and enhancing Australia’s competitiveness in attracting global talent.<\/span>\u00a0<\/span><\/p>
Certain occupations will be subject to caveats, as identified on the CSOL (applicable across all streams), unless negotiated otherwise under the labour agreement.\u00a0<\/span><\/p>
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\u00a0<\/span>Specialist Skills Stream<\/span><\/b>\u00a0<\/span><\/p>
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<\/span>Core Skills Stream<\/span><\/b>\u00a0<\/span><\/p>
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Feature<\/span><\/b>\u00a0<\/span><\/p><\/td> | Specialist Skills Stream<\/span><\/b>\u00a0<\/span><\/p><\/td> | Core Skills Stream<\/span><\/b>\u00a0<\/span><\/p><\/td> | Labour Agreement Stream<\/span><\/b>\u00a0<\/span><\/p><\/td><\/tr> |
Income Threshold<\/span><\/b>\u00a0<\/span><\/p><\/td> | AUD 135,000+<\/span>\u00a0<\/span><\/p><\/td> | AUD 73,150+<\/span>\u00a0<\/span><\/p><\/td> | As per Labour Agreement<\/span>\u00a0<\/span><\/p><\/td><\/tr> |
Occupation List<\/span><\/b>\u00a0<\/span><\/p><\/td> | ANZSCO Major Groups 1, 2, 4, 5, 6<\/span>\u00a0<\/span><\/p><\/td> | Core Skills Occupation List (CSOL)<\/span>\u00a0<\/span><\/p><\/td> | Occupations in Labour Agreement<\/span>\u00a0<\/span><\/p><\/td><\/tr> |
Processing Time<\/span><\/b>\u00a0<\/span><\/p><\/td> | 7 days (targeted)<\/span>\u00a0<\/span><\/p><\/td> | Standard processing times<\/span>\u00a0<\/span><\/p><\/td> | Dependent on agreement terms<\/span>\u00a0<\/span><\/p><\/td><\/tr> |
Exclusions<\/span><\/b>\u00a0<\/span><\/p><\/td> | Major Groups 3, 7, 8<\/span>\u00a0<\/span><\/p><\/td> | Excludes occupations not on CSOL<\/span>\u00a0<\/span><\/p><\/td> | Limited by Labour Agreement scope<\/span>\u00a0<\/span><\/p><\/td><\/tr> |
Flexibility<\/span><\/b>\u00a0<\/span><\/p><\/td> | High for high-income roles<\/span>\u00a0<\/span><\/p><\/td> | Moderate<\/span>\u00a0<\/span><\/p><\/td> | Tailored to specific agreements<\/span>\u00a0<\/span><\/p><\/td><\/tr><\/tbody><\/table> \u00a0<\/span><\/p> \u00a0<\/span>\u00a0<\/span><\/p> Eligibility criteria for employers<\/b>\u00a0<\/span><\/h4>
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