The Short-Term Visa Stream
It applies to overseas workers whose occupations are on the Short-Term Skilled Occupation List (STSOL) and they will be employed for 2 years, unless this is inconsistent with an international trade obligation. Short term visa stream holders will have the ability to renew this visa once onshore for a further period of 2 years.
The Medium-Term Stream
It applies to workers whose occupations are on the Medium and Long-Term Strategic Skills List (MLTSSL) and they can be employed for up to 4 years with the ability to transition to permanent residency after being employed by the nominating sponsor on a TSS visa for a minimum period of at least 3 years.