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Australia Policy Update 2024: Key Changes You Need to Know!

Are you considering migrating to Australia? Stay informed with the new Australia policy, to keep up with current trends. Australia’s government has introduced significant changes in migration and student visa regulations as part of the Migration Strategy released in 2023.

It is important to understand the existing policies to comprehend the changes introduced in 2024. This new policy introduces post-study pathways for international students, enabling them to stay and work in the country temporarily, while some lead to permanent residency. These pathways connect students’ academic achievements with their career aspirations.

Key Changes in Australia’s Policy 2024

 

Australia policy for the incoming years has been reformed. The year 2024 brings significant changes to Australia’s policies across various sectors. These changes address emerging challenges, promote growth, and ensure the nation’s well-being. The new migration strategy in Australia will ensure that current strategies are implemented effectively to seize immediate opportunities, commit to building a future-ready system, and provide areas for future reforms through collaborative consultations. Here are the major reforms for international students:

Student Visa Reforms: Key changes have been introduced to the student visa program. Effective from March 2024, the Genuine Temporary Entrant (GTE) requirement which ensures that the primary purpose of an applicant’s stay in Australia is to study and that they intend to return to their home country once their studies are complete, will be replaced by the Genuine Student (GS) requirement which ensures that applicants are genuine students coming to Australia with the primary intention of studying and are capable of completing their course.

This change aims to ensure that only those with genuine intentions to study and return home benefit from Australia’s education system. The new criteria will allow you to stay and work temporarily, with the possibility of eventually becoming a permanent resident, connecting your education path with your career goals.

Policy

IELTS Requirement: The IELTS required for the study and work visa has been increased. For students preparing to graduate, the Temporary Graduate visa has increased from 6.0 to 6.5, the student visa from 5.5 to 6.0, and Students in Package English Language Intensive Courses for Overseas Students (ELICOS) from 4.5 to 5.0.

Visa Financial Requirements: Financial requirements for student visas have been updated to reflect a proportion of the national minimum wage, increasing the amount students need to have as financial support.

Beginning from May 10, 2024, if you are applying to study in Australia, you must provide A$29,710 proof of funds to cover your living expenses for one year and if you are bringing a partner or children, you must show proof of funds of A$10,394 for a partner and A$4,449 per child.

According to the Migration Strategy released by Australia’s Government, there are 8 Key actions of the policy update. These actions are released to realize Australia’s migration system’s new vision and objectives.

1. More Skilled Workers: Australia’s government aims to bring in more skilled workers to fill work gaps in industries that need expertise.
2. They want to boost local economies by encouraging migrants to settle in regional areas.
3. The Government is working on making visa application processes smoother and quicker so it is less stressful for applicants.
4. Policies are being adjusted to attract more international students and allow them to stay in Australia after graduation.
5. Tackling workers’ exploitation and misuse of the visa system to restore integrity to the migration system.
6. There is a push to make it easier for families to be reunited recognizing the importance of keeping loved ones together.

7. Australia will provide humanitarian efforts by supporting refugees and asylum seekers
8. There is a focus on providing better community support and integration programs to help new migrants settle into their respective communities and thrive.

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