NEWS Australian businesses to reach new heights with the Global Talent Scheme pilot

The Global Talent Scheme pilot has been launched to help Australian businesses attract the world’s best and brightest workers to support business growth, skills transfer and job creation.

The Global Talent Scheme pilot has been launched to help Australian businesses attract the world's best and brightest workers to support business growth, skills transfer and job creation.

From 1 July 2018, the 12 month pilot will provide businesses with clearly defined and accessible pathways to access global talent for specialized positions where there are no suitable Australians to fill the vacancies.

The new scheme will help grow Australia's economy and answers the call from businesses to deliver more flexible, future focused visa arrangements to attract global talent to Australia.

Businesses will now have the opportunity to sponsor highly-skilled overseas workers with niche skills that are not covered short-term and medium-term streams of the Temporary Skill Shortage visa program.

There are two streams available to businesses:

  • Established Business stream allows employers who are accredited sponsors to employ highly-skilled individuals with cutting-edge skills to contribute to innovation in an established business, and help make Australian businesses and their Australian employees the best at what they do.
  • Startup stream allows employers to sponsor highly-skilled individuals with cutting-edge skills to contribute to Australia's startup ecosystem and bring new ideas, new jobs, new skills and new technology for Australia. This stream is for startups operating in a technology based or STEM (science, technology, engineering and mathematics) related field. Startups must be endorsed by the independent startup advisory panel.

In both instances, a four-year Temporary Skill Shortage visa will be issued with the option to apply for permanent residence after three years.

Employers will be required to demonstrate that they prioritise the employment of Australians and that there will be skills transferred to Australian workers as a result of the person being granted a visa.

For more information and to see how your business can apply visit our Visas for innovation website.

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