Australia proposed on Thursday overhauling its immigration system to speed up getting highly skilled workers into the country and smoothening the path to permanent residency.
The federal Labor government said it will modify the system used to select skilled migrants. The current system uses points test to choose people with the correct skill sets. The country now plans to modify this system to identify people with the correct skill sets as per the need of the Australian economy., World News, Times Now
Treasurer Jim Chalmers refused to be drawn on the future of embattled Reserve Bank Governor Phillip Lowe as he handed down the findings of a review into the central bank at a press conference on Thursday.