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PANDEMIC RECOVERY: AUSTRALIA'S SPECIAL VISA OFFERED TO THE FOREIGN ASPIRANTS

Under the travel exemptions for holders of a government visa created to aid the post-pandemic recovery. ....

New South Wales , Karen Andrews , Home Affairs , Special Visa Offered , Affairs Minister Karen Andrews , Temporary Activity , South Wales , புதியது தெற்கு வேல்ஸ் , கரேன் ஆண்ட்ரூஸ் , வீடு வாழ்க்கைத்தொழில்கள் , தற்காலிகமானது நடவடிக்கை , தெற்கு வேல்ஸ் ,

New incentives to encourage investment in Australia

Austrade
The Australian Government is introducing new tax, research and development, and innovation incentives to attract talented individuals and exceptional businesses to Australia.
In its Budget 2021–22 Statement, the Government committed to the following programs.
New visas
The Government has introduced a new Global Talent visa and Temporary Activity visa. It will modernise the framework for individual tax residency to encourage relocation to Australia.
New business investment incentives
finalise the implementation of the Corporate Collective Investment Vehicle regime
establish a more efficient licensing regime for foreign financial service providers
review the tax treatment of venture capital to examine whether current arrangements are creating incentives for additional investment and genuine early stage Australian startups. ....

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Budget 2021: What SME law firms need to know

Budget 2021: What SME law firms need to know
By Emma Ryan and Jerome Doraisamy|13 May 2021
Here are the key takeaways for boutique law firms from #Budget2021, delivered earlier this week by Josh Frydenberg.
Coming off the back of the COVID-19 pandemic, the Treasurer cited a need to maintain an avid focus on the nation’s economic recovery, with a commitment to supporting jobs and essential services of utmost importance.
“The COVID-19 recession will see our deficit reach $161 billion this year, falling to $57 billion in 2024-25. With more Australians back at work, this year’s deficit is $52.7 billion lower than was expected just over six months ago in last year’s budget,” Josh Frydenberg said. ....

United Kingdom , Jerome Doraisamy , Emma Ryan , Josh Frydenberg , Development Tax Incentive , Lawyers Weekly , Administrative Appeals Tribunal , Digital Economy Strategy , Global Talent , Temporary Activity , Deregulation Agenda , ஒன்றுபட்டது கிஂக்டம் , எம்மா ரியான் , வளர்ச்சி வரி ஊக்கத்தொகை , வழக்கறிஞர்கள் வாராந்திர , டிஜிட்டல் பொருளாதாரம் மூலோபாயம் , உலகளாவிய திறமை , தற்காலிகமானது நடவடிக்கை ,

Thousands of foreign backpackers and students are given a free pass to work more in Australia

Thousands of foreign backpackers and students in Australia will be allowed to undertake more work under changes announced in the federal Budget to offset the impact of the nation s border closure that is set to extend into mid-2022.
Student visa holders will be temporarily allowed to work more hours in the tourism and hospitality sectors, as the government seeks to ramp up support for both industries hit hard by a lack of foreign workers entering the country.
The government has scrapped the 40 hour per fortnight limit for foreign students in both industries which have historically relied on temporary visa holders. ....

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Federal Budget 2021 Australia: No date set for border reopening, tourism and education left hanging

A $53.6 million package has been allocated towards the international education sector.
A Budget media release from Education Minister Alan Tudge declared universities and many other higher education providers had benefited from an influx of domestic students, but other English language providers and higher private educators had been hit hard by the absence of overseas students.
The package will fund an extra 5000 short courses for domestic students in 2021-22 at non-university higher-education providers.
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A fund of $150,000 grants will also be available for independent English language and higher education providers to adapt to the impact of the pandemic.
Keeping our borders closed has been our best defence against COVID-19, but we realise the impact this has had on private providers, Mr Tudge said. ....

Michael Mccormack , Josh Frydenberg , Tara Blancato , Alan Tudge , Federal Budget , Prime Minister Michael Mccormack , Global Talent , Temporary Activity , Education Minister Alan Tudge , மைக்கேல் ம்க்கார்மக் , கூட்டாட்சியின் பட்ஜெட் , ப்ரைம் அமைச்சர் மைக்கேல் ம்க்கார்மக் , உலகளாவிய திறமை , தற்காலிகமானது நடவடிக்கை ,