The China-Australia Free Trade Agreement, signed on June 17, 2015, will facilitate travel for each country’s business visitors, intracompany transferees and skilled workers, and will enhance investment opportunities and reduce trade restrictions between the two countries. China will also provide equivalent entry and stay rights for dependents and spouses of Australian intracompany transferees or contractual service suppliers on stays over twelve months.

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For many businesses, the end of June marks the end of the financial reporting year. This often brings changes to employment status and organisational structure which constitute ‘notifiable events’ under 457 sponsorship obligations.

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02 July 2015

A new Premium Investor visa has been introduced for high net worth individuals looking to invest AUD 15 million in Australia. The pre-existing Significant Investor visa has also been reformed, with a new investment structure introduced that aims to encourage investment into Australian innovations and emerging companies.

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30 June 2015

Australian Customs will integrate into the Department of Immigration on 1 July 2015, and the 'Australian Border Force' will be established.

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