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Best and brightest visa scheme fell short of Coalition promise

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Nearly 60 per cent of visas issued through Scott Morrison’s multimillion-dollar program to lure overseas business leaders and entrepreneurs to Australia went to people already in the country, with the scheme falling more than a third short of sign-on targets.

The former Coalition government launched a limited pilot of the global talent visa scheme in July 2018, promising to attract the best and brightest to boost Australia’s capabilities in high-tech emerging industries.

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Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com
Tom McIlroy is the Financial Review’s Canberra bureau chief based in the press gallery at Parliament House. He was previously the AFR’s political correspondent. Connect with Tom on Twitter. Email Tom at thomas.mcilroy@afr.com

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    Original URL: https://www.afr.com/link/follow-20180101-p5b66g