Australia’s Fair Work Commission has published its annual increase to the High Income Threshold. Applicants for company sponsored permanent via the Temporary Residence Transition stream of the Subclass 186 visa who are aged 45 and over must meet this threshold for the previous three years before application submission.
From July 1, 2023, the High Income Threshold is AUD167,500 – an AUD5,500 increase from the 2022/2023 Threshold.
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