What is a 457 visa?

Disclosure Statement: Durand Financial Services Pty Ltd and its advisers are authorised representatives of Fortnum Private Wealth Ltd ABN 54 139 889 535 AFSL 357306. General Advice Warning: The information contained within this website does not consider your personal circumstances and is of a general nature only. You should not act on it without first obtaining professional financial advice specific to your circumstances.

(Australian Associated Press)

 

* The 457 visa program allows business to employ foreign workers for a period up to four years in skilled jobs where there is a shortage of Australian workers.

* The numbers are uncapped and there is no limit on the number of times they can travel in and out of Australia.

* Foreign workers can bring their families to work or study.

* Employers must apply to sponsor a 457 worker or enter into a formal labour agreement with the government.

* They must show they are training locals.

* As at September 30 there were 95,757 workers in Australia on primary 457 visas and 76,430 secondary visa holders (members of their family).

* But numbers are in decline – in March there was a 9.2 per cent drop in primary 457 visa holders compared to 2015.

* In July 2013 new laws came into effect, including giving Fair Work Australia the power to investigate breaches of the system.

* Labor wants jobs to be advertised locally for at least four weeks before a foreigner is sourced.

0

Like This