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Another four-year visa will have stricter eligibility criteria. Opposition leader Bill Shorten has labeled the announcement "cosmetic" and a "con job" that will make no real difference. "That's just shifting deck chairs on the proverbial sinking ship," he added. In neighboring New Zealand, the policy changes are expected to have a limited impact on net arrivals. Opposition members were quick to accuse the ruling National party of currying favor with voters in an election year, without making reining in immigration numbers and unemployment. "National's changes don't address the huge numbers of people coming here to do low-level qualifications or low-skill work," said Labour party leader Andrew Little. A boom in new arrivals has helped the New Zealand economy achieve some of the strongest gross domestic product growth in the developed world. But opposition parties and the central bank have called for a review of policies, citing low wage growth and soaring house prices spurred by the influx. Affected sectors Australia's decision could upset India, its fifth-largest export market and the single biggest beneficiary of the 457 visa, accounting for one in four applicants. Australia wants to boost two-way trade with India, which now stands at nearly $(AUS)20 billion, but its decision, just days after Turnbull visited the south Asian nation, could hurt ties.

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