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Significant changes to employer sponsored visas were implemented on 7 December 2024: (i) the temporary Subclass 482 Skills in Demand (SID) visa replaced the Subclass 482 Temporary Skills Shortage (TSS) visa; and (ii) pathways to employer sponsored permanent residence were further expanded. The implementation aligned with expectations set by the Migration Strategy and consultations with government.
A Tax Alert prepared by EY's People Advisory Services, and attached below, provides additional details.