Labor urged to keep ‘golden ticket’ investor visa primarily used by Chinese migrants

Immigration expert says the policy amounts to selling a visa ‘very cheaply’ without a good return on investment

The Australia China Business Council has urged Labor to retain the “golden ticket” significant investor visa after the home affairs minister, Clare O’Neil, signalled it could be axed.

The council made the call in a submission to the home affairs department’s migration review, which has also reignited debate between business and unions about the level of migration and raising the pay floor for temporary skilled migrants.

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