Australia’s Business Innovation and Investment Program doubled in size in 2020-21, with over 13,500 visa places in the annual migration program. Over the years, the program has delivered billions of dollars in investment in Australia and provided a pathway to permanent residency for investors, innovators and migrants with business skills. Now, for the first time since 2012, the government has made some significant changes to the program, including slashing the number of visa streams and subclasses from nine to four.