The Prime Minster of Australia, Malcolm Turnbull announced on Facebook that the current 457 Visa will soon be abolished in March 2018, and replaced by a Temporary Skill Shortage Visa (TSS) which is a temporary work visa. Some changes related to 457 visa will be done in Occupations list, where 200 occupations can be removed and a shorter list for TSS Visa will apply.
Secondly, earlier no work experience was required to meet the requirement of 457 Visa but now with TSS Visa, a minimum of 2 years of work experience is mandatory. Thirdly, Labor Market Testing will be required for all the cases except when exempted by international Trade Agreements.
There will be a huge impact on Visa Period as well with 2 streams for the TSS Visa, a short term stream of 2 years which will be renewed only once and a long term stream of 4 years. Police clearance has also been made compulsory to apply for TSS Visas.
The information regarding same has been updated on the Department of Immigration website under the New Temporary Skill Shortage Visa