Businesses will be able to bring in foreign skilled workers on potentially as little as $120,000 in a visa process that will take weeks instead of months, as part of a migration overhaul that will make it easier to hire in high-demand industries.
The changes are part of the government’s soon-to-be released migration review, which will involve the biggest shake-up of a system – one the government admits is “broken” – since the 1990s.
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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
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
