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Delayed benefits for new Australia Permanent Residents and Assurance of Support bonds to increase to THREE years!

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Delayed benefits for new Australia Permanent Residents and Assurance of Support bonds to increase to THREE years!

Delayed benefits for new Australia Permanent Residents and Assurance of Support bonds to increase to THREE years!

Key terms: Mid-year Economic and Fiscal Outlook report – MYEFO – Social Welfare Benefits – Australia Permanent Resident – Family Tax Benefit – Paid Parental Leave – Carers Allowance – Assurance of Support – Partner Visa – Parent Visa

Australia has released its Mid-Year Economic and Fiscal Outlook (MYEFO) report and there are implications for new and prospective migrants to Australia. There are two changes proposed to be implemented on 1 July 2018, namely:

(1) Waiting period for social benefits will be extended to 3 years (currently 2 years) and will include Family Tax Benefit (FTB), Paid Parental Leave (PPL) and Carers Allowance
(2) Assurance of Support (AoS) financial bonds will increase to 3 years (currently 2 years)


While there are limited exemptions on the waiting period for social benefits, this will affect the majority of new permanent residents who are planning to start a family. The loss of Family Tax Benefits and Paid Parental Leave will drive up the costs of having a child.

If you need more information about the Family Tax Benefit or Paid Parental Leave, please visit the Department of Human Services here: https://www.humanservices.gov.au/

For more information on Assurance of Support (AoS), read the Department of Immigration and Border Protection (DIBP) factsheet here: http://www.border.gov.au/about/corporate/information/fact-sheets/34aos

Source:

http://www.budget.gov.au/2017-18/content/myefo/download/MYEFO_2017-18.pdf

This information is accurate on 19 December 2017.


Do you need help with an Australian visa or Citizenship application?

At Work Visa Lawyers we are experienced in assisting applicants in all matters relating to Australian visa applications. Our areas of expertise include Skilled Migration visas, Business Skills Migration visas, Employer Sponsored Work Visas, Partner and other Family Migration visas as well as the Administrative Appeals Tribunal (AAT) Review, Judicial Review and Ministerial Intervention.

We are also experienced in Australian citizenship applications, ranging from the usual applications to applications with character or other issues.

If you require further information regarding your Australia visa options you can contact us through:

(08) 8351 9956 or +61 8 8351 9956

or   This email address is being protected from spambots. You need JavaScript enabled to view it.

若您需要中文翻译与更多详细资料,请联络Work Visa Lawyers文化联系人员进伟 (Sean)。

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