Increase to TSMIT to impact nomination applications

Visa Executive TSMIT article image
Visa Executive TSMIT article image
GUEST POST BY AMANDA TINNER, PRINCIPAL, VISA EXECUTIVE

As expected, the Australian Government has just announced that as of 1 July 2024 the TSMIT (Temporary Skills Minimum Income Threshold) will increase from $70,000 to $73,150 effective from 1 July 2024.

Important information to note is:

  • New nomination applications that are lodged from 1 July 2024 will need to meet the new TSMIT. If the market salary is less than TSMIT, an application cannot be lodged for that position.
  • This increase will not affect existing visa holders and nominations lodged prior to 1 July 2024.

If you are currently considering sponsorship of a potential candidate who will earn $70,000 and not the new TSMIT of $73,150, contact TEMi Partner Visa Executive at admin@visaexecutive.com or your Visa Executive immigration professional.

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