Thank you all for the replies and suggestions.
I have just had another meeting with my employer; he said that he wants to keep me working for him, but again stated that he cant afford my wage anymore... I am on 51400$AUS which is the minimum TSMIT for my position on the 457 as restaurant manager. He thinks that it is possible to terminate my employment, in which case we both have to inform immigration i believe, then my visa gets cancelled and i get 90 days to sort something out.
Does anyone know if I could still work in those 90 days? Is it a Bridging visa you get granted from the time of 457 cancellation? Can i apply for work rights due to "financial hardship" etc?
My employer believes that indeed within those 90 days i can then apply for the 187 permanent visa with him and until that visa is then granted, i will remain on the bridging visa and can still work for him under the conditions of the bridging visa. then when the 187 gets approved, he then has to comply with the regulations of the 187.
I see restaurant manager positions advertised on employment sites for 40k per year earnings, so does this mean, my employer could pay me 40k per year on the 187 instead the 51400 under the 457 arrangement?
any advice is much appreciated.
Thank you.
Lucy