The Department of Immigration and Citizenship (DIAC) will introduce new post-study work arrangements in early 2013 for overseas graduates who hold an Australian Bachelor's, Master's or a Doctoral degree, a DIAC spokeswoman announced.
According to the announcement, the new post-study work arrangements is an additional stream in the existing temporary skilled graduate (subclass 485) visa which allows overseas graduates with skills and qualifications related to an in-demand occupation to remain in Australia for an additional 18 months.
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http://www.migrationexpert.com.au/visa/australian_immigration_news/2013/Jan/0/686/australia_to_introduce_new_post-study_work_visa_arrangements_for_graduates
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