The business sector has cautiously welcomed the federal government's announcement of a new visa scheme aimed at attracting high-paid and highly skilled workers to Australia, with the changes effectively reversing some of the stricter rules announced last year when the 457 visa sub-class was abolished.
WHILE most of the state was taking a breather over the festive season, three Western Australian companies were busy tying up backdoor listing deals that radically change their areas of operation.
A one-time labour recruitment company chaired by Lyndon Rowe is being used by Wizard Home Loans founder Mark Bouris for a back-door listing of his new venture on the Australian Securities Exchange.
Interstaff International will undergo a name change as it sells its visa migration advisory business through a management buy-out to managing director Dan Engles, who today resigned from the board.
THE Western Australian business community has given a mixed reaction to the latest review into 457 visas, the Deegan Report, released by Immigration Minister Chris Evans last week.
MIGRATION is such a broad ranging and complex issue that it needs to be concentrated in a single arm of government, the recent WA Business News migration forum was told.
