In a bid to counter the increasing trend of skilled individuals choosing countries like Canada over Australia, the Australian government has recently put forth a proposal to revamp its migration system.
The objective is to swiftly attract talented workers and provide them with a clear path to permanent residency. Recognizing the competitive nature of the global talent market, the government aims to implement new migration policies that will entice skilled migrants to contribute to the local labour market.
As part of this initiative, Australia plans to revive its point-based migration system.
According to Fiona Wong, a Partner at Gilton Valeo Lawyers specializing in corporate immigration law, Australia’s current points-based migration system has its limitations.
It imposes quotas for each occupation specific to states and territories, leading to competitiveness, lengthy processing times, expensive applications, and a relatively weaker ability to attract younger and highly educated migrants compared to Canada.
