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Global Talent Visa Australia - Changes in High Income Threshold

Global Talent Visa Applicants affected by the Fair Work High Income Threshold Change Starting 1 July 2023

Candidates for the Global Talent Visa should be able to demonstrate that they are currently earning an income equivalent to or higher than Australia’s Fair Work High Income Threshold or that they have received a job offer that will be paying an income equivalent to or higher than the High Income Threshold or that they have the ability to attract a salary at or above the Fair Work high income threshold.

The Fair Work High Income Threshold for the 2021-2022 financial year was AUD $158,500 per annum. This is indexed annually. 

What it is that, in Australia, this is “high income threshold” the amount or threshold which limits an employee’s access to the unfair dismissal jurisdiction. Meaning if the employee earns this amount or higher, they cannot file an unfair dismissal claim against their employer unless they are covered by an award or enterprise agreement.

However, this amount is also used as a helpful and convenient guide or tool to assess an applicant for the Global Talent Visa’s caliber in their sector.

For this financial year, Australia’s Fair Work Commission raised the High Income Threshold to AUD$162,000 per annum starting 1 July 2022.  This information can be found in the Fair Work Commission’s website - https://www.fwc.gov.au/high-income-threshold

What does this mean for those who already submitted their Global Talent Visa EOIs?

If you did not meet the high-income threshold requirement when you submitted your EOI, that is, you were not earning an amount equivalent to or higher than $158,500 per annum, this might mean that it will be harder for you to get an invitation.

We suspect that this is also the case for those who just reached the 2021-2022 high income threshold and who no longer meets the new amount.

What can you do?

If you have had an increase in your salary since submitting your EOI, we suggest that you update Global Talent of this if you haven’t already. You can do this by sending them an email to their general email address.

If you are one those who did not meet or were earning slightly above $158,500 but less than $162,000, then you might want to talk to your employer and request for a raise in your annual salary.

If you want more information about the Global Talent Visa, you can go to our website - https://www.workvisalawyers.com.au/news/global-talent-visa.html

You can also use our free Global Talent Assessment Tool - https://www.workvisalawyers.com.au/services/global-talent-distinguished-talent-visas/gtv-assessment-form.html

 

How can Work Visa Lawyers help?

Work Visa Lawyers can help you with all steps in the Global Talent visa application process, including with applications for nomination from the ACS.

Our team of experienced Immigration Lawyers and Migration Agents look forward to assisting you with your Australian visa or appeal.

Contact us on (+61) 08 8351 9956 or This email address is being protected from spambots. You need JavaScript enabled to view it.

Book an appointment with one of our experienced Immigration Lawyers and Registered Migration Agents here.

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Sunday, 06 October 2024

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