Skilling Levy Fund Update
Insights8 Aug 2018
The Department of Home Affairs (DHA) has confirmed the skilling levy fund will commence on 12 August 2018.
All Subclass 407, 482, 186 and 187 applications lodged after this date will be subject to the ‘training contribution charge’.
The amounts are:
Subclass 482 – Temporary Skill Shortage and Subclass 407 Training visas
Visa period | < $10 million turnover | > $10 million turnover |
One year | $1200 | $1800 |
Two years | $2400 | $3600 |
Three years | $3600 | $5400 |
Four years | $4800 | $7200 |
Subclass 186 – Employer Nomination Scheme and Subclass 187 – Regional Sponsorship Migration Scheme
- $3,000 for business with a turnover of < $10 million
- $5,000 for business with a turnover of > $10 million.
With the introduction of the skilling levy fund, existing 457 and 407 sponsors are no longer required to keep a record of satisfying the previous training requirement or obliged to provide training to Australian employees from 12 August 2018 onwards.
We will have further updates for you as they appear.
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