New Zealand (NZ) citizens, who meet the regulatory requirements, can be granted Australian permanent residency from 1 July 2017:

·       must have been usually resident in Australia, on or before 16 February 2016, for a continuous period for at least five years immediately before the date of application

·       taxable income for four of the five most recently completed income tax years, is required to be no less than a minimum amount specified:

2012/13 – $51,000

2013/14 – $53,900

2014/15 – $53,900

2015/16 – $53,900

2016/17 – $53,900