The announced 1 July 2015 reduction in the pass mark for the
points test for the Business Innovation and Investment Program (BIIP) visas, from 65 points to 50, has
been postponed by the Australian Department of Immigration & Border Protection (DIBP) pending further
consultation and stakeholder engagement.
The Joint Standing Committee on Migration recently reported the
outcomes of its inquiry into the BIIP. One of the items identified by the
Committee for further examination by the Department was the "points test" which is utilised to determine applicant eligibility. In
light of this recommendation, the Department will undertake further examination
of the appropriateness of the current points test threshold.
The Department will also examine the effect of other changes to
the application rate for the BIIP, including reforms to the Significant
Investor Visa (SIV) stream, and the reinstatement of role swapping for the Investor and
Business Innovation streams, which came into effect on 1 July 2015.
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