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Global Race for Talent: Australia to Revamp Points System to Compete.

By Jessica Thakur, April 26, 2024



The Albanese Government is reforming Australia's skilled migration system, with a focus on revamping the Points Test, a crucial tool for selecting permanent residents.

Potential Changes to the Points System

The current Points Test is seen as outdated and not effectively attracting migrants with the skills Australia needs most. The reform aims to:

  • Prioritize skills: Award points based on in-demand professions to fill current and future workforce gaps.

  • Success potential: Identify applicants with a higher chance of finding skilled work in Australia.

  • Realistic expectations: Provide clearer information on application success rates.

  • Younger applicants: Recognize the longer-term contributions younger migrants can make.

  • Partner recognition: Acknowledge the potential contributions of migrant partners.

The Australian National University is conducting research to identify the key factors for successful migrant integration.



Timeline and Public Consultation

The government has released a discussion paper outlining the reform goals and is seeking public submissions by May 24th, 2024.

International Competition

Australia faces stiff competition from other developed nations vying for skilled migrants. Here's a comparison:

  • Canada: Offers a multi-year immigration plan with significantly higher intake targets.

  • New Zealand: Introduced a simplified points system with clearer residence pathways.

  • United Kingdom: Prioritizes skilled migrants through a points-based system with no limit on skilled worker visas.

  • United States: Offers a high quota of employment-based visas.

Australia remains attractive due to strong social cohesion, education, and pathways to permanent residency. However, the government acknowledges the need to adapt its system to stay competitive.

Workforce Needs

Australia is experiencing a tight labor market with high job vacancies and skills shortages. The Migration Program aims to address these needs by:

  • Focusing on skilled migrants: Over 70% of the program targets skilled workers.

  • Addressing priority sectors: Focus areas include healthcare, clean energy, and digital skills.

  • Regional considerations: Supporting regional growth by attracting talent to areas facing labor shortages.

Overall, the reform aims to create a more effective Points Test that attracts skilled migrants who can contribute to Australia's long-term economic prosperity and address regional workforce needs.


 



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