Aus PM Turnbull abolishes the 457 visa, says ‘We're putting Australian's first’

Australia’s PM Turnbull is out on the wires now, via Reuters, making an announcement on the abolition of the 457 visa.

The 457 visa is for the Australian or overseas employers to sponsor skilled overseas workers to work in Australia temporarily.

Key Quotes:

‘We're putting jobs first, we're putting Australian's first’

‘Australian workers must have priority for Australian jobs’

‘New visa will replace it’

‘To help Australian' fill skills gaps we'll establish a new training fund’