Visa Statistics
Below provided is an excerpt of an interesting statistical data reflecting skilled migration trends and comparisons as well as the description of our new service and subsequent fees.
As we all know, the end of 2013/14 financial year is not deemed to see major regulatory changes within the migration industry. This means that the migration industry activity leading towards the end of this financial year has kept at a relatively steady pace without any major sparks caused by an increased numbers of applications prior to the year end and the enforcement of new regulations.
YEAR TO DATE 457 VISA APPLICATIONS AND GRANTS ARE FALLING:
Due to significant regulatory changes that occurred post 01 July 2013, year to March 31, 2013/14, has seen the number of subclass 457 primary visa applications decreasing in comparison to the same program and the same date previous year, across all industries. A decrease of 36.3 per cent has been noted, as per the graph below:
The number of subclass 457 primary visas granted in 2013-14 programme year to 31 March 2014 was 39,760, a decrease of 23.2 per cent compared with 51,800 primary visas granted in the same period in the previous programme year.
Source: Subclass 457 quarterly report, Quarter ending at 31 March 2014, Department of Immigration & Border Protection
INTERESTING STATS ON DOMESTIC EMPLOYMENT VERSUS SKILLED MIGRATION
There were 11,531,600 Australians employed as of March 2014 and 730,400 unemployed Australians at the same time.
Source: 6202.0 – Labour Force, Australia, March 2014, published by the ABS on 10 April 2014
This means that the number of 457 visa applications granted in the year ending 31 March 2014 equates to approximately 5.4% of unemployed Australians and 0.3% of employed Australians.
Based on the above, the 457 visa program accounts for overseas skilled migrant pool equivalent to just 0.3% of the total Australian labour market. When analysed from this angle, the percentage of skilled migrants is too small to have any significant economic impact on the labour force in this country.
BZMARK’S NEW SERVICE:
VISA SUBCLASS 457/186/187
Due to the increased interest for our assistance in setting up local businesses, which are suitable for sponsoring and/or self sponsoring we have developed a program that offers the following:
- Incorporation of Proprietary Limited Company
- Registration of TFN, PAYG, ABN and GST
- Opening of Company’s bank account
- Preparation of the business plan in line with client’s requirements and/or expertise
- Creation of the website and organising of its hosting
- Organise and negotiate the commercial lease on the business premises
- Where applicable, organise product supplier and customer’s support letters
- Where applicable, recruitment of local staff will be offered together with employment contracts
- Where applicable, LMT conducted
The above program will be executed within the three weeks and it is designed to provide a platform for building a legitimate business operation in Australia and at the same address all DIBP requirements for future self sponsoring and/or sponsoring of critical skills in shortage.
As a handy reminder to all, BzMark team remains committed to delivering value-add services to the industry. Our team comprises a group of highly trained professionals with a strong capacity to deliver broad professional consulting services, which can benefit the industry as a whole.