As of July 1, 2023, international graduates with degrees in certain areas of skill shortage in the Australian economy will be eligible for an additional two years on their Temporary Graduate visa (subclass 485)
With this new 485 post study work visa, you will have more time to live in the country which gives you more time to plan your career in a better way. There are three factors to keep in mind when you finish your education in Australia
If you wish to stay back in Australia then there are two options, either you pick a visa from the website of ministry of home affairs, depending on the time you want to spend and the kind of work you want to do (Australia has a large market for skilled labour) or apply for permanent residency.