Labor agreement visa (subclass 855) has closed doors for the new applicants. When the visa was being granted, the labor agreement visa (subclass 855) permitted people to stay indefinitely in Australia, to work, study and apply for citizenship. The labor agreement visa (subclass 855) also allowed you to sponsor a relative, you were able to enroll in Medicare and you were able to travel to and from Australia once you were granted a visa for five years.  You were given a chance to work for another employer not only for the employed who nominated you though you have to comply with the employment obligations in the employment contract and you were required to give your employer a notice before you would stop working. Your employer was required to give employment on fulltime basis, your employer was required to meet the labor agreement requirements and was required to comply with the working standards and conditions.

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