On 6 December 2024, the Migration Amendment (National Innovation Visa) Regulations 2024 came into effect, heralding a significant evolution in Australia’s skilled migration framework. This reform underscores the nation’s commitment to attracting global talent in alignment with its economic and innovation-driven priorities. National Innovation Visa or Subclass 858 has been renamed to better reflect its purpose and focus. National Innovation Visa Australia (Subclass 858): Key Changes to the Subclass 858 Visa The changes brought about by the amendment reflect a strategic shift in Australia’s skilled migration approach. Below are the highlights: National Innovation Visa Australia (Subclass 858) – Purpose and