Change in visa condition 8107 for Subclass 457 visa
From 19 November 2016, the time period that Subclass 457 (Temporary Work (Skilled) visa holders can remain in Australia after ceasing employment with their current sponsor will be reduced from 90 days to 60 days. This change will be applicable to 457 visas granted on or after that date
If 457 visa holders have not found a new sponsor without 60 days, then they will be in breach of their visa condition 8107 and their visa may be cancelled.
The purpose of this change is to strengthen the integrity of the subclass 457 visa program. It is intended to lessen the vulnerability of subclass 457 visa holders to informal employment and reduce the period in which they can compete within the Australian labour market for further employment.
Source: Federal Register of Legislation