Hi all, I had just lodged my PR application about 1 month ago.
I was rushing to get the application lodged before 1st Sep because as of then, graduates won't be able to get PR directly. Graduates will require a graduate work visa for 2 years but provided you have a sponsor (employer) to give you that. It won't be easy because personally I had tried looking for a decent job without PR, its quite a bitch.
I had a confrontation with the immigration officer about this issue, not a violent one but just a commenting on the change. The officer claimed that the change is good for us as it allows us to blend into the work culture, tax and pay system in Aust but I slapped him with the fact that I, being a BachIT(Hon I), was having difficulty to find a job. How is it helping us when we can't find a sponsor? He kept quiet and told me to try harder and lower my expectation. How low can I get when I applied for graduate entry position? It was kinda sucky feeling. I got turned down my companies because of having no PR.
With a work visa, worker has to pay at least 30% tax upfront. And on top of that, there will be super contribution (CPF). That will amount up to 40%. I definitely won't be too glad with that.