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Australia - Planning for 1 July 2023 and beyond
Several initial elements of the Australian government’s immigration reform program, A Migration System for Australia’s Future, will be implemented on 1 July 2023. Other elements of the reform program are also underway.
On 1 July 2023, the following will also commence:
- annual adjustments to charges and thresholds
- winding back of some COVID-19 pandemic immigration concessions
- more flexible working holiday arrangements for United Kingdom passport holders
- Migration Program planning levels for 2023 – 2024.
A Tax Alert prepared by EY's People Advisory Services group, and attached below, provides additional details.