The Australian government says it's responding to global competition for high-tech skills and talent.
The so-called Global Talent Scheme will be a pilot scheme from the 1st of July for twelve months.
Established businesses with an annual turnover of more than four million dollars will be able to sponsor highly-skilled and experienced individuals to come to Australia and work on a new four-year visa.
Science, technology, engineering, and mathematics (STEM)-related start-up business will also be able to bring people to Australia to work under the new scheme.