General The ruling party is elected again in the federal election

MysticRiver

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The ruling Liberal coalition is set to win the Australian Federal election despite having unfavorable pre-vote opinion polls. That would most likely mean that the existing immigration policy will hold.
 

asymal2005

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Must worry if Dutton becomes their Prime Minister.:oops:
 
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MysticRiver

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True. But it's a big win for ScoMo, nobody is going to challenge him, at least in the near future.
 

mohsinciddiki

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As much as I dont know about Australia politics atm, how do you see impacting the current election results on immigration policies and upcoming laws/regulations for new immigrants
 
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PK-Adelaide

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Must worry if Dutton becomes their Prime Minister.:oops:

He has less support from within the party as well as from many Aussies... so, ScoMo is the go..!
 
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MysticRiver

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Wondering whether labor party would have been better for immigration?
Well, traditionally labors are more lenient towards immigration.
 

MysticRiver

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As much as I dont know about Australia politics atm, how do you see impacting the current election results on immigration policies and upcoming laws/regulations for new immigrants
I think the government will continue to take a similar path it has been taking in the last few years. So, I don't think it's going to be easier with time.

However, regarding immigration laws, if the government wants to do any major change, they need to get approval from the Senate. And most likely the Senate will be hanging as before, so I don't see any major change in immigration law in near future.
 

CampDavid

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For migrants, where our first home in Australia will probably be a rental, labour losing is a good thing. They were planning on removing reverse gearing, which would mean a raise in home rental prices. So in that sense, I am relieved.
 
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PK-Adelaide

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For migrants, where our first home in Australia will probably be a rental, labour losing is a good thing. They were planning on removing reverse gearing, which would mean a raise in home rental prices. So in that sense, I am relieved.

Home rental prices are always rising... But good that the previous government continues....
the policy of 5% deposit (which is 20% now to avoid LMI) on home loan for first home buyers will be a relief for all new migrants.

they can own a home quickly rather than shelling the money towards rent.
 
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CampDavid

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Home rental prices are always rising... But good that the previous government continues....
the policy of 5% deposit (which is 20% now to avoid LMI) on home loan for first home buyers will be a relief for all new migrants.

they can own a home quickly rather than shelling the money towards rent.
As a new migrant, even with the lowering of deposit to buy a house, most of us will take a while to find a full-time job to be eligible for a mortgage. That means rental for at least the interim. Rental prices are extremely high, but fortunately with reverse gearing still in play in the foreseeable future, rental won't sky rocket at a faster pace.
 
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PK-Adelaide

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As a new migrant, even with the lowering of deposit to buy a house, most of us will take a while to find a full-time job to be eligible for a mortgage. That means rental for at least the interim. Rental prices are extremely high, but fortunately with reverse gearing still in play in the foreseeable future, rental won't sky rocket at a faster pace.

That's true...
but it depends on the cities. In Adelaide and Hobart, the price was always going up.
But the relative cost is still at low compared to the big cities.
 
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CampDavid

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If I get through the process, I’m headed to ACT. Rental is so expensive there. We did consider pouring most of our savings into buying a place upfront. The pro is the money not going into a black hole. The con is we can’t afford a home in the area we like and it isn’t a house. It would be a unit. So we decided to rent if we get through. Then the remaining savings can go into a decent down payment for a home with a lower mortgage when we secure a job. Hope we are thinking this through correctly
 
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PK-Adelaide

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If I get through the process, I’m headed to ACT. Rental is so expensive there. We did consider pouring most of our savings into buying a place upfront. The pro is the money not going into a black hole. The con is we can’t afford a home in the area we like and it isn’t a house. It would be a unit. So we decided to rent if we get through. Then the remaining savings can go into a decent down payment for a home with a lower mortgage when we secure a job. Hope we are thinking this through correctly

That's perfect..!

I am not sure about the loan offered by the state (ACT), here in SA, we have Homestart loan which is more flexible for first home buyers. So if you are a graduate, you are eligible for graduate loan with special perks.
 
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CampDavid

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Thank you so much for the tip on a graduate loan. I will look into that.

That's a pity, it is only available in SA
 
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Jaherul

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@PK-Adelaide: I have another question.

The rules is changing for the regional visa (489)in the coming November with the introduction of a new visa. Will the change effect those who are in the process already. I have applied for 489 visa last December. If I get the visa, should I need to wait for five years to be eligible for PR. Or like it was before, I will be eligible after 2 years.

Sorry for the big question.
 

PK-Adelaide

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@PK-Adelaide: Will the change effect those who are in the process already.


i'm not sure in this particular case of 489, But in general, all the applications submitted prior to this announcement (or introduction of new visa) will be grandfathered.
 
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