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What is the Temporary Skilled Migration Income Threshold – currently $45 220 per annum?

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What is the Temporary Skilled Migration Income Threshold – currently $45 220 per annum?

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The Temporary Skilled Migration Income Threshold (TSMIT) commences on 14 September 2009. The TSMIT is intended to ensure that you have sufficient income so that you can independently provide for yourself in Australia. The TSMIT will also help ensure that you do not impose undue costs on the Australian community or find yourself in circumstances which may put pressure on you to breach your visa conditions. This is particularly important you do not have access to a range of government support available to Australian citizens and permanent residents. All applicants for the Subclass 457 visa must be able to support themselves when in Australia. Unlike their Australian counterparts, overseas workers on low incomes do not have access to concessions or tax transfer schemes. Nominations will not normally be approved in relation to Subclass 457 visa applicants if the market salary rate for the position is below a Temporary Skilled Migration Income Threshold. The threshold is set at $45 220. The

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