
Challenges for Small Business Owners as TSMIT rises
The Australian government has announced that the Temporary Skilled Migration Income Threshold (TSMIT) will increase from $73,150 to $76,515 as of July 1, 2025.This change means that employers who sponsor foreign workers must offer a minimum salary of $76,515 plus a 12% superannuation contribution, bringing the total cost per worker to $85,696.80. While the goal