Minister Coleman has also announced details of the Global Talent Independent Program, which promises to fast-track permanent visas for 5,000 of the world’s best and brightest.

Based on advice from a small panel, the focus will be on a number of industries, including IT, infrastructure, agribusiness, resources, advanced manufacturing, medical technology & pharmaceuticals.

The Department of Home Affairs has embarked on a global roadshow to promote and recruit for the program, and will have permanent representation in six countries.

While the criteria will be broad and flexible, with no salary, labour market testing or occupational classification requirements, the target market is most definitely global talent. Endorsement of the applicant’s talent, for example, by a local employer, industry body or academic institution, will be required.

These permanent applications will be fast-tracked and processed within a month in many cases, and the Minister believes that the program will, over time, have a “transformative impact on the Australian economy”.

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