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DIAC have just announced that the anyone obtaining their Contributory Parent Visa after 1 July and then planning to sponsor an existing partner will be faced with a potential 5 year wait. What this means, as an initial response, is that people going down that route who have not included an existing spouse in the application should be doing so immediately.

This is the text of the announcement:

Amendments to the Migration Regulations 1994 in relation to Contributory Parent visas and split applications

1 July 2009 Legislation Change

Client summary

From 1 July 2009, the Migration Regulations 1994 (the ‘Regulations’) are amended to prevent persons who are granted a permanent Contributory Parent category visa (Subclasses 143 and 864) from sponsoring their partner or fiancé for a Partner or Prospective Marriage visa for five years from the day of their visa grant, if they:

* were granted their permanent Contributory Parent category visa on or after 1 July 2009; and
* were in a spouse or de facto partner or fiancé relationship on or before the date their permanent Contributory Parent category visa was granted and now wish to sponsor that partner or fiancé.

This limitation may not apply in compelling circumstances which are not financially related.

Additional information:
There have been a number of instances in which couples seeking to migrate under the Contributory Parent category visa provisions have resorted to the split application strategy, whereby:

* only one member of a parent couple applies for and is granted a permanent Contributory Parent category visa; and
* once eligible (usually after two years of being lawfully resident in Australia), this parent subsequently sponsors their spouse (the other parent) under the partner visa category which has a much smaller Visa Application Charge (VAC).

Up until 1 July 2009, this strategy is not prohibited by migration legislation and it is being used in order to reduce the costs associated with migration under Contributory Parent category visa. However, it clearly undermines the Government’s policy intent of ensuring that those parents who migrate under the Contributory Parent visa category make a contribution by means of the VAC to partially offset the significant costs of parent migration to the broader community. Contributory Parent migrants are also subject to the provision of a ten year Assurance of Support (AoS) and payment of a bond.

Furthermore, those who lodge a split application benefit by by-passing the ten year waiting period for parent visa holders to access Government benefits and assistance, whilst spouse visa holders are able to access such benefits within two years of visa grant.

Amendments are being made to information products affected by this legislative change.

Source  :  http://britishexpats.com/forum/showthread.php?t=616147

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Go Matilda is sorry to learn of the recent collapse of UK based Australian migration advisors 4 Corners, and is ready to assist affected individuals.

We understand that individuals who had instructed 4 Corners in the UK are being invited to instruct another firm, with several client files now retained in New Zealand.

Go Matilda will be pleased to discuss application status and strategy with affected individuals, and will be sympathetic in proposing fees.

If instructed, we are also able to take delivery of client files at our offices in Australia, so that client matters can be progressed quickly.

If you are affected by the collapse of 4 Corners and would like to discuss your visa application, how Go Matilda might help, and our fees, please contact us.

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WESTERN Areas NL has successfully raised $35.35 million through it’s institutional share placement.

Seven million shares were issued at a discount of 3.6 per cent at $5.05 each.

The placement was significantly oversubscribed, with strong demand from both domestic and international institutions, most of which were existing shareholders.

Western Areas’ managing director Julian Hanna said: “The success of this placement will support Western Areas’ rapidly expanding nickel production and help underpin the Company’s growth strategy to achieve its goal to become Australia’s second largest and lowest cost nickel miner.”

Western Areas shares last traded down 44 cents, or 8.4 per cent, at $4.80.

www.news.com.au

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