The Hon Josh Frydenberg MP, Treasurer of the Commonwealth of Australia has advised that an update on the economic and fiscal outlook will be provided on 23 July 2020. Earlier, in a joint media release with Senator the Hon Mathias Cormann, Minister for Finance on 20 March 2020, he had announced the Government’s decision to defer the 2020-21 Budget until 06 October 2020 in light of the on-going COVID-19 pandemic.
The industry is expecting changes to the Migration Program planning levels due to the impact of COVID-19. Further, the updates to the skilled migration occupation lists for March 2020 as suggested by the Department of Employment, Skills, Small and Family Business on 13 December 2019, have also been delayed.
For the time being, the 2019-20 Migration Program continues to remain in place.