Migration (Specification of Income Threshold and Annual Earnings and Methodology of Annual Market Salary Rate) Amendment Instrument (LIN 23/045) 2023 (Cth)

LIN 23/045

Migration (Specification of Income Threshold and Annual Earnings and Methodology of Annual Market Salary Rate) Amendment Instrument (LIN 23/045) 2023

I, Andrew Giles, Minister for Immigration, Citizenship and Multicultural Affairs, make this instrument under paragraph 2.72(15)(d) of the Migration Regulations 1994 (the Migration Regulations).

Dated 27 June 2023

The Hon. Andrew Giles

Minister for Immigration, Citizenship and Multicultural Affairs

1          Name

     This instrument is the Migration (Specification of Income Threshold and Annual Earnings and Methodology of Annual Market Salary Rate) Amendment Instrument (LIN 23/045) 2023.

2          Commencement

This instrument commences on 1 July 2023.

3          Amendment

     Schedule 1 amends Migration (IMMI 18/033: Specification of Income Threshold and Annual Earnings and Methodology of Annual Market Salary Rate) Instrument 2018.

Schedule 1  Amendment

(s.3)

[1]       Section 6

omit

AUD 53,900.

insert

AUD 70,000.

[2]       After section 9

insert

10        Application of the Migration (Specification of Income Threshold and Annual Earnings and Methodology of Annual Market Salary Rate) Amendment Instrument (LIN 23/045) 2023

The amendments made by Schedule 1 to the Migration (Specification of Income Threshold and Annual Earnings and Methodology of Annual Market Salary Rate) Amendment Instrument (LIN 23/045) 2023 apply to an application for approval of a nomination made after 30 June 2023.