Does a Training visa lead to permanent residency?

The Training visa is temporary and exists to let you complete a defined period of occupational training or professional development. It does not itself grant or guarantee permanent residency.

The skills, registration, and Australian experience you gain during the training may help you qualify for a different visa later, such as a skilled or employer-sponsored visa, but those are separate applications with their own criteria.

If permanent residency is your long-term goal, treat the 407 as a step that can build relevant experience, and research the specific requirements of the PR pathway you are aiming for well before your training visa ends.