For those of our client’s seeking sponsorship under the state’s skilled program via the Subclass 190 or 491 visa program, here’s a comprehensive update on recent developments and what lies ahead.
As of Friday, 10th May 2024, Migration Queensland has officially announced the closure of its state-nominated skilled program for the financial year 2023-24, having exhausted the available quota for the current program year.
This year’s program witnessed an unprecedented level of competitiveness. Queensland received a staggering 40,000 EOIs from applicants vying for a nomination allocation of merely 1,550 places. Such fierce competition underscores the desirability of Queensland as a migration destination and the caliber of skilled professionals it attracts.
During the 23-24 program year, most applicants who received invitations boasted a commendable 95 points or higher. Only a select number of applicants, primarily international graduates, were extended invitations at 90 points, and predominantly those with expertise in the STEM or other ‘in demand’ sectors such as healthcare and teaching. This sheds light on the significance of taking all reasonable steps to increase points, noting the pivotal role it plays in the selection process.
Our anticipation now shifts to the impending release of the federal budget next week. This crucial event will provide valuable insights into migration planning levels for the next financial year. It’s imperative to note that expectations lean towards lower quota levels, driven by community pressures to reduce migration levels, especially with elections looming in 2025.
Looking ahead, changes are on the horizon. Proposed adjustments slated for introduction by the end of 2024 aim to refine the Skilled Migration Program (SMP) to better address skills shortages. This includes revisiting the points test to prioritize skill over sheer perseverance. In light of these evolving dynamics and anticipated quota reductions, applicants are encouraged to explore alternative migration pathways, including employer-sponsored options. With recent changes to the 482 visa program now providing a residency pathway for all STSOL / MLTSSL occupations post November 2023, many applicants may benefit from pursuing alternative residency pathways outside of the Skilled Migration Program.
For clients with visa deadlines looming, rest assured that assistance is at hand. Feel free to reach out from the end of next week to discuss the implications of the federal budget on your migration strategy, and to explore available options to extend your visa. In a climate of uncertainty, proactive engagement is key to navigating the intricacies of visa compliance.
In conclusion, while the road ahead may present challenges, it also brims with possibilities. Queensland remains steadfast in its commitment to fostering a diverse and dynamic society, enriched by the contributions of skilled migrants. As we embark on this journey together, let’s embrace change, seize opportunities, and chart a course towards a brighter future, hand in hand with Queensland.
