Department of Home Affairs

Briefing Materials Presented To The Minister Regarding The Business Innovation And Investment Program (bipp) From 21 May 2022 To 13 February 2025 ​

FA 25/02/00795 Released 28 pages PDF

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Between May 2022 and February 2025, the Department of Home Affairs briefed the Minister on Ministerial Direction 114, establishing processing priorities for Business Innovation and Investment Program (BIIP) visa applications. The Direction covers Subclass 188 and Subclass 132 (Business Talent) visas and subordinates to existing Ministerial Direction 105, placing BIIP investor streams as the lowest priority among skilled visa caseloads. The processing order prioritises Subclass 188 Entrepreneur applicants sponsored by state and territory governments first, followed by applicants with successful business histories establishing Australian operations with clear economic benefits and job creation potential. Investor stream applications will be processed last. The Direction aims to align BIIP allocations with government priorities, focusing on applicants likely to create jobs and drive innovation rather than those seeking profitable investment opportunities. The Minister signed the Direction on 11 February 2025, with implementation

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