
On July 1, 2024, new regulations came into effect under the Migration Amendment (Visa Application Charges) Regulations 2024. These changes impact various visa application charges (VACs) and are part of an annual update to align with the Consumer Price Index (CPI) and specific budget decisions.
The primary goal of these amendments is to adjust the VACs in line with the forecasted CPI, rounded to the nearest $5. For the 2024-25 period, the CPI has been set at 2.75%, which means all affected VACs from the previous year will increase by this percentage.
A significant change is the increase in VACs for student visas, which includes the Student (Subclass 500) visa and the Student Guardian (Subclass 590) visa. Instead of the standard indexation, these visas see a one-off percentage increase to better reflect the benefits that student visa holders receive, such as access to Australia’s education system and limited work rights.
Certain visas have not been indexed as part of the July 1, 2024 increases:
Indexed VACs are calculated by applying the CPI percentage to a baseline amount and rounding the result to the nearest $5. Importantly, the new regulations ensure that no VAC exceeds the charge limits set by the VAC Act.
The 2024 Migration Amendment Regulations bring notable changes to visa application charges, particularly for student visas, reflecting Australia’s commitment to providing value through its education and labour market opportunities. While most VACs are adjusted annually based on the CPI, specific categories like student visas have seen more significant one-off increases to better match the benefits offered to visa holders.
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