When do the new market salary rates requirements come into effect?
The Migration Legislation Amendment (Worker Protection) Act 2008 (and associated regulations), including the obligation to ensure equivalent terms and conditions of employment, come into effect on 14 September 2009. This means that from 14 September 2009, your sponsor will need to pay you (as a primary Subclass 457 visa holder) market salary rates. There are some transitional arrangements for current sponsors and existing visa holders.