132 Visa – Ceased

188D Visa – Ceased

188A – Business Innovation

  1. Minimum Business Turnover from $500,000 to $750,000
  2. Minimum Business and Personal Asset from $800,000 to $1,250,000
  3. Financial Assets point test increased by $450,000 for each sub-category. Ie. $1,250.000 instead of $800,000 for 5 points
  4. Business Turnover point test increased by $250,000 for each sub-category. I.e. $750,000 instead of $500,000 for 5 points.

188B – Business Investor

  1. Minimum managee eligible investment from $1,500,000 to $2,500,000
  2. Minimum business and personal assets from $2,250,000 to $2,500,000
  3. Minimum investment in state government bond from $1,500,000 to $2,500,000
  4. Minimum for Investor Experience points increased to $250,000 from $100,000.
  5. Need to stay in Australia for at least 2 years in the last 3 year instead of last 4 years before lodging the 888 visa application.

Visa Grant and Validity for 188 visas and extension period has increased by 1 extra year.