{"id":12135,"date":"2023-05-10T13:03:19","date_gmt":"2023-05-10T07:33:19","guid":{"rendered":"https:\/\/leverageedu.com\/learn\/?p=12135"},"modified":"2023-05-10T13:03:19","modified_gmt":"2023-05-10T07:33:19","slug":"study-in-australia-federal-budget-2023-considerations-for-overseas-students-news-2023-05","status":"publish","type":"post","link":"https:\/\/leverageedu.com\/learn\/study-in-australia-federal-budget-2023-considerations-for-overseas-students-news-2023-05\/","title":{"rendered":"Study in Australia: Federal Budget 2023; Considerations for Overseas Students"},"content":{"rendered":"\n<p>The federal budget for 2023 includes five key points for international students in Australia, which we examine below.<\/p>\n\n\n\n<h2 id=\"no-hourly-limit-will-apply-to-international-students-working-in-the-elderly-care-industry-in-2023\" class=\"wp-block-heading\">No hourly limit will apply to international students working in the elderly care industry in 2023<\/h2>\n\n\n\n<p>Earlier it was informed that, starting on July 1, 2023, the 48-hour limit on working hours per fortnight would be reintroduced for overseas students. This does not, however, apply to you if you are an international student employed in the aged care industry.<\/p>\n\n\n\n<p>International students employed in aged care will not be subject to the cap on working hours for the remainder of the year, according to the government budget for 2023. They can put in an unlimited amount of time until December 31, 2023. It wasn&#8217;t stated whether overseas students working in aged care starting on January 1, 2024 will be subject to the 48-hour limit per fortnight.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img  loading=\"lazy\"  decoding=\"async\"  width=\"640\"  height=\"960\"  src=\"data:image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABAQMAAAAl21bKAAAAA1BMVEUAAP+KeNJXAAAAAXRSTlMAQObYZgAAAAlwSFlzAAAOxAAADsQBlSsOGwAAAApJREFUCNdjYAAAAAIAAeIhvDMAAAAASUVORK5CYII=\"  alt=\"\"  class=\"wp-image-12151 pk-lazyload\"  data-pk-sizes=\"auto\"  data-ls-sizes=\"auto, (max-width: 640px) 100vw, 640px\"  data-pk-src=\"https:\/\/cdnbloglearn.leverageedu.com\/learn\/wp-content\/uploads\/2023\/05\/pexels-mikhail-nilov-6963005.jpg\"  data-pk-srcset=\"https:\/\/blogassets.leverageedu.com\/media\/uploads\/sites\/8\/2023\/05\/18124054\/pexels-mikhail-nilov-6963005.jpg 640w, https:\/\/blogassets.leverageedu.com\/media\/uploads\/sites\/8\/2023\/05\/18124054\/pexels-mikhail-nilov-6963005-200x300.jpg 200w, https:\/\/blogassets.leverageedu.com\/media\/uploads\/sites\/8\/2023\/05\/18124054\/pexels-mikhail-nilov-6963005-380x570.jpg 380w, https:\/\/blogassets.leverageedu.com\/media\/uploads\/sites\/8\/2023\/05\/18124054\/pexels-mikhail-nilov-6963005-150x225.jpg 150w\" ><\/figure>\n\n\n\n<h2 id=\"increased-fees-for-applying-for-visas\" class=\"wp-block-heading\">Increased fees for applying for visas<\/h2>\n\n\n\n<p>A rise in <strong>visa application fees<\/strong> (VACs) has also been announced in the budget for a number of visa types, including student (subclass 500) and visitor (subclass 600) visas as well as working holiday\/work and holiday (subclasses 417 and 462) visas. The fees for these visa applications will be as of July 1, 2023:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Student visa (subclass 500): A$715 (up from $650).<\/li>\n\n\n\n<li>Visa for visitors (subclass 600) costs A$190 (up from $150).<\/li>\n\n\n\n<li>Visa for Working Holiday\/Work and Holiday (subclass 417 and 462): 640 Australian dollars ($510 previously).<\/li>\n<\/ul>\n\n\n\n<h2 id=\"cost-of-living-assistance\" class=\"wp-block-heading\">Cost-of-Living Assistance<\/h2>\n\n\n\n<p>Australia is going through a cost-of-living crisis as a result of sky-high inflation and a competitive rental market. There are methods people can employ on their own to manage it, but there have long been cries for government assistance.<\/p>\n\n\n\n<p>In response, the government released a $14.6 billion cost-of-living assistance package.The vow to build more homes and to keep salaries moving are among the items in the package that are most pertinent to overseas students in Australia.<\/p>\n\n\n\n<p><strong>Australia<\/strong> now has a severe housing shortage, which is one of the causes of the country&#8217;s rental crisis. As a result, the government has pledged to start building one million new homes nationwide starting in 2024.<\/p>\n\n\n\n<h2 id=\"updated-migrations-by-experts\" class=\"wp-block-heading\">Updated Migrations by Experts<\/h2>\n\n\n\n<p>Significant changes to Australia&#8217;s immigration system, particularly its skilled migration programme, are also outlined in the federal budget. The budget documents state that this will entail giving qualified graduates quicker routes to permanent residency. The government intends to achieve this by establishing more straightforward channels for graduate visas for international students. As a result, applicants will need bridging visas less frequently while their sub) is being processed.<\/p>\n\n\n\n<h2 id=\"finances-in-australias-health-care-system\" class=\"wp-block-heading\">Finances in Australia\u2019s Health Care System<\/h2>\n\n\n\n<p>Top investment priority in Federal Budget 2023 is healthcare and social assistance. Basically, the investment for the same includes $ 31.6 million for improved training arrangements for overseas medical students for the ones working in remote and rural areas.&nbsp;<\/p>\n\n\n\n<p>Follow <a href=\"https:\/\/leverageedu.com\/learn\/category\/news-updates\/\">&nbsp;<strong>Leverage Edu News Updates <\/strong><\/a>for the latest information about study abroad programs.<\/p>\n","protected":false},"excerpt":{"rendered":"The Australian government unveiled the new federal budget for 2023\u20132024 last night, May 9, 2023. There is a lot to absorb, including updates to skilled visas and the cost-of-living crisis, so that&#8217;s where we come in.\n","protected":false},"author":139,"featured_media":12043,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"editor_notices":[],"footnotes":""},"categories":[38],"tags":[],"class_list":{"0":"post-12135","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news-updates"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Study in Australia: Federal Budget 2023; Considerations for Overseas Students | Leverage Edu Learn<\/title>\n<meta name=\"description\" content=\"The Australian government unveiled the new federal budget for 2023\u20132024 last night, May 9, 2023. There is a lot to absorb, including updates to skilled visas and the cost-of-living crisis, so that&#039;s where we come in.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leverageedu.com\/learn\/study-in-australia-federal-budget-2023-considerations-for-overseas-students-news-2023-05\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Study in Australia: Federal Budget 2023; Considerations for Overseas Students\" \/>\n<meta property=\"og:description\" content=\"The Australian government unveiled the new federal budget for 2023\u20132024 last night, May 9, 2023. There is a lot to absorb, including updates to skilled visas and the cost-of-living crisis, so that&#039;s where we come in.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leverageedu.com\/learn\/study-in-australia-federal-budget-2023-considerations-for-overseas-students-news-2023-05\/\" \/>\n<meta property=\"og:site_name\" content=\"Leverage Edu Learn\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-10T07:33:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/blogassets.leverageedu.com\/media\/uploads\/sites\/8\/2023\/05\/18123906\/Australia.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Leverage Edu News Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Leverage Edu News Desk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Study in Australia: Federal Budget 2023; Considerations for Overseas Students | Leverage Edu Learn","description":"The Australian government unveiled the new federal budget for 2023\u20132024 last night, May 9, 2023. There is a lot to absorb, including updates to skilled visas and the cost-of-living crisis, so that's where we come in.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/leverageedu.com\/learn\/study-in-australia-federal-budget-2023-considerations-for-overseas-students-news-2023-05\/","og_locale":"en_US","og_type":"article","og_title":"Study in Australia: Federal Budget 2023; Considerations for Overseas Students","og_description":"The Australian government unveiled the new federal budget for 2023\u20132024 last night, May 9, 2023. There is a lot to absorb, including updates to skilled visas and the cost-of-living crisis, so that's where we come in.","og_url":"https:\/\/leverageedu.com\/learn\/study-in-australia-federal-budget-2023-considerations-for-overseas-students-news-2023-05\/","og_site_name":"Leverage Edu Learn","article_published_time":"2023-05-10T07:33:19+00:00","og_image":[{"width":1000,"height":667,"url":"https:\/\/blogassets.leverageedu.com\/media\/uploads\/sites\/8\/2023\/05\/18123906\/Australia.jpg","type":"image\/jpeg"}],"author":"Leverage Edu News Desk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Leverage Edu News Desk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/leverageedu.com\/learn\/study-in-australia-federal-budget-2023-considerations-for-overseas-students-news-2023-05\/#article","isPartOf":{"@id":"https:\/\/leverageedu.com\/learn\/study-in-australia-federal-budget-2023-considerations-for-overseas-students-news-2023-05\/"},"author":{"name":"Leverage Edu News Desk","@id":"https:\/\/leverageedu.com\/learn\/#\/schema\/person\/61eb25aa106652620833104e23efa1c3"},"headline":"Study in Australia: Federal Budget 2023; Considerations for Overseas Students","datePublished":"2023-05-10T07:33:19+00:00","mainEntityOfPage":{"@id":"https:\/\/leverageedu.com\/learn\/study-in-australia-federal-budget-2023-considerations-for-overseas-students-news-2023-05\/"},"wordCount":470,"commentCount":0,"image":{"@id":"https:\/\/leverageedu.com\/learn\/study-in-australia-federal-budget-2023-considerations-for-overseas-students-news-2023-05\/#primaryimage"},"thumbnailUrl":"https:\/\/blogassets.leverageedu.com\/media\/uploads\/sites\/8\/2023\/05\/18123906\/Australia.jpg","articleSection":["Study Abroad News Updates"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/leverageedu.com\/learn\/study-in-australia-federal-budget-2023-considerations-for-overseas-students-news-2023-05\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/leverageedu.com\/learn\/study-in-australia-federal-budget-2023-considerations-for-overseas-students-news-2023-05\/","url":"https:\/\/leverageedu.com\/learn\/study-in-australia-federal-budget-2023-considerations-for-overseas-students-news-2023-05\/","name":"Study in Australia: Federal Budget 2023; Considerations for Overseas Students | Leverage Edu Learn","isPartOf":{"@id":"https:\/\/leverageedu.com\/learn\/#website"},"primaryImageOfPage":{"@id":"https:\/\/leverageedu.com\/learn\/study-in-australia-federal-budget-2023-considerations-for-overseas-students-news-2023-05\/#primaryimage"},"image":{"@id":"https:\/\/leverageedu.com\/learn\/study-in-australia-federal-budget-2023-considerations-for-overseas-students-news-2023-05\/#primaryimage"},"thumbnailUrl":"https:\/\/blogassets.leverageedu.com\/media\/uploads\/sites\/8\/2023\/05\/18123906\/Australia.jpg","datePublished":"2023-05-10T07:33:19+00:00","author":{"@id":"https:\/\/leverageedu.com\/learn\/#\/schema\/person\/61eb25aa106652620833104e23efa1c3"},"description":"The Australian government unveiled the new federal budget for 2023\u20132024 last night, May 9, 2023. 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