The federal government will establish a new, high-skilled migration stream that will fast-track visas for 5000 of the world's best and brightest every year with the aim of entrenching high-tech industries in Australia.
Immigration Minister David Coleman will announce the Global Talent Independent Program today and will seek the advice of a small panel of Australia's high achievers in the fields of academia and business over which industries to pursue.
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Phillip Coorey is the political editor based in Canberra. He is a two-time winner of the Paul Lyneham award for press gallery excellence. Connect with Phillip on Facebook and Twitter. Email Phillip at pcoorey@afr.com