Original article by Alan Olsen
The Australian Financial Review – Page: 35 : 6-Oct-14
Australia’s education export industry was worth $A16.4bn in 2010, compared with just $A7.9bn in 2004. This fell to $A14.6bn in fiscal 2013, but there has since been a rebound in international student enrolments as the Australian dollar weakened. It is estimated that if the number of foreign students continues to grow by about five per cent annually in coming years, the nation’s education export market could be worth $A30.8bn by 2020
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AUSTRADE, ECONOMIST INTELLIGENCE UNIT