ANNOUNCEMENT 09 May 2017
The Australian Government announced that companies that employ foreign workers will be required to pay a levy to finance a training fund.
NUMBER OF INTERVENTIONS
Australian 2017-18 BUdget. "Stronger growth to create more and better-paying jobs" Available at: http://budget.gov.au/2017-18/content/glossies/jobs-growth/download/Budget-2017-18-Jobs-Growth.pdf.
Parliament of Australia. Migration Amendment (Skilling Australians Fund) Bill 2017 and Migration (Skilling Australians Fund) Charges Bill 2017. Available at: https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd1718a/18bd076#_Toc500855171
On May 9, 2017, during the publication of the 2017-18 Annual Budget, the Australian Government announced the creation of the Skilling Australians Fund that will be financed with a new levy imposed on companies employing foreign workers.
The levy amount will vary depending on the visa type and the companies turnover as it follows: