Meanwhile, Tank Stream Labs chief executive Bradley Delamare says he was “lucky enough” to come to Australia on a 457 visa and is concerned the new scheme will make it even more difficult for Australian startups to build talented and global teams.

“I’m concerned these changes are going to make it more difficult for Australian startups to find and recruit the international talent they need to compete in a global marketplace. Especially when we have a skills shortage in the tech space,” Delamare said in a statement on the changes.

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