Final complying investment design for the Significant
and Premium Investor Visas: Measures will promote investment and
innovation
New investment in innovative Australian ideas and emerging
companies will be encouraged as part of enhanced Significant
Investment Visa (SIV) and new Premium Investor Visa (PIV) complying
investment framework arrangements announced today. These investor
visas offer pathways to permanent residency, subject to
significant, complying investments being made in Australia by the
applicants (15 May 2015).
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Significant Investment Visa (SIV) and Premium Investor
Visa (PIV)
From 1 July 2015, the Government intends that new SIV and
PIV applicants will be required to invest at least $5 million in
complying investments (15 May 2015).
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No place for foreign criminals
The Australian Government is committed to ensuring that
people who travel or migrate to Australia abide by nation's
laws and community standards and is warning those who don't
that they risk visa cancellation and removal from Australia. Four
hundred and fifty visas have been cancelled and 100 visa
applications refused under character provisions in the Migration
Act since 1 July 2014 (21 May 2015).
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Government continues to be tough on illegal work
The Australian Government has gained crucial intelligence
in its investigations into a possible labour hire scam in
Victoria's Gippsland area. Assistant Minister for Immigration
and Border Protection, said this comes on the back of the new
taskforce revealed by the Government to tackle unscrupulous
practices, particularly in the labour hire industry (21 May
2015).
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Man, woman to stand trial over
alleged visa marriage scam in Brisbane
Two people have been ordered to stand trial over an
alleged visa marriage scam in Brisbane. Gowda, the marriage
celebrant accused of officiating the fake unions, also faces 17
counts of arranging marriages for visas (17 May 2015).
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Tribunals merged into AAT
The federal government has announced the amalgamation of
two tribunals with the AAT, a move described as the biggest
shake-up of administrative law in 40 years. From 1 July 2015 the
Social Security Appeals Tribunal (SSAT) and the Migration Review
Tribunal – Refugee Review Tribunal (MRT-RRT) will be absorbed
into the existing AAT (15 May 2015).
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New Australian Border Force strengthens Operation
Sovereign Borders
The Government's new Australian Border Force (ABF)
will commence operations on schedule on 1 July. Command of the
Government's highly successful Operation Sovereign Borders
(OSB) will transition to the ABF by the end of this year (12 May
2015).
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The Australian Border Force one step
closer
The establishment of the Australian Border Force (ABF) is closer
than ever with the passage of the Australian Border Force Bill
2015 and the Customs and Other Legislation Amendment
(Australian Border Force) Bill 2015 through the Senate today
(14 May 2015).
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This publication does not deal with every important topic or change in law and is not intended to be relied upon as a substitute for legal or other advice that may be relevant to the reader's specific circumstances. If you have found this publication of interest and would like to know more or wish to obtain legal advice relevant to your circumstances please contact one of the named individuals listed.
