The Department of Home Affairs has confirmed that the new Skills in Demand (SID) and National Innovation (NIV) visas will be implemented before the end of 2024. The SID visa will replace the Temporary Skill Shortage visa. No new information has been released at this stage.
The NIV will replace the Global Talent and the Business Innovation and Investment visa program. The NIV will provide a direct pathway to permanent residence to the individuals who are prominent in their field and have an internationally recognised record of exceptional talent in the following cohorts: • High Calibre Talent • Entrepreneurs • Innovative Investors • Athletes and Creatives
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