1 February 2018
From 1 February 2018, the cost of annual living amounts will increase in line with Australia’s consumer price index. This will mostly affect Student visa applicants, but will also apply to other temporary residence visas. From this date, every application where evidence of funds is required should include the updated cost of living amounts in their calculation of funds:
Student or guardian: AUD $20,290 (increased from AUD $19,830)
Partner or spouse: AUD $7,100 (increased from AUD $6,940)
Child: AUD $3,040 (increased from AUD $2,970)