The government is inspecting changes in the visa plans in the major markets by encouraging more number of visitors and investors.
During the presentation of federal budget 2016-17, the government announced its plan to inspect the changes in the visa arrangements through more encouragement of investors and visitors.
The inspection involves a user-pay fast track visa service for people in India and United Arab Emirates. In addition, three-year multiple entry visas are also introduced for low-risk residents of India Vietnam, Chile, and Thailand.
It is expected that the system will bring revenue growth of $1.5 million after 4 years from 2016-17.
The Treasurer, Scott Morrison said that the strategy was built in MYEFO 2015-16 system that included the user-pays visa fast-track service on a trial basis for Chinese nationals.
They government also mentioned that it believes it can save over $180 million in three years if taken from 2017-18 due to the betterment of computerisation in visa processing. The betterment is in a way that it will provide self-service options and use more complex technology for the assessment purposes.