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The Australian government has responded quickly to the landmark report of the Review of the Migration System publishing an Outline of the Government's Migration Strategy - A Migration System for a More Prosperous and Secure Australia. The Outline is closely aligned with the Review's recommendations and several key reforms will be implemented in the near future. Business will have the opportunity to participate in consultation on other elements of the reform program during May and June 2023. A final migration strategy will be released later in 2023.
A Tax Alert prepared by EY's People Advisory Services group, and attached below, provides additional details.