On 14 May 2024, the Australian Government released the Federal Budget for the 2024/25 year, which included a raft of Immigration-related measures. Notably, it announced that a new National Innovation Visa (NIV) would be released in late-2024, to replace the Global Talent (Subclass 858) visa and the Business Innovation and Investment Program (BIIP). On 6 December 2024, relevant legislation formally introduced…