Business Innovation and Investment Program Review: report of consultation findings and review outcomes

Home Affairs slide-style report (Dec 2020) on the BIIP review: BIIP description; planning levels (7,260 from 2014-15, 6,862 in 2019-20, 13,500 in 2020-21); BIIP 4.6% of Skill stream grants in 2019-20; 2012 replacement of Business Skills; top ten nationalities for BIIP grants (a ranking without numbers: China, Vietnam, Malaysia, Iran, Hong Kong, South Africa, India, Bangladesh, UK, Taiwan; not turned into numbers); consultation 19 Dec 2019-14 Feb 2020 with 41 submissions and nine roundtables; summary of stakeholder views given only in words ("one fifth", "more than half", "two thirds"; suggested SIV $6-10m and IV $2-3m thresholds are opinions, not rules); outcomes from 1 July 2021 (nine to four streams, PIV/SBH/VCE closed, five-year provisional visa, PR after three years, SIV two 2-year extensions, BI one 2-year extension, BI assets $1.25m and turnover $750,000, Entrepreneur $200,000 funding threshold scrapped). Added planning levels, the 4.6% share, consultation counts (new indicator proposed), the dated rules and the consultation-close event; 13,500 and the 2019 and 2021 events were already in the data. Rules restated from other sources are now recorded from this document too (decision 8).