FOREIGN – ECONOMIC ASPECTS – AUSTRALIA

Dutton plan risks $48b foreign student industry

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Original article by Julie Hare
The Australian Financial Review – Page: 8 : 18-May-24

Opposition leader Peter Dutton has come under fire for stating that a Coalition government would reduce temporary migration to 160,000 in its first year in office. International students make up half of the number of temporary migrants, and migration expert Abul Rizvi claims that one student would have to leave the country for every one that arrives in order to meet Dutton’s target. International education was valued at $48 billion in 2023, making it Australia’s most successful non-mining export, and Rizvi claims that the international education sector would be "smashed" under Dutton’s plan.

CORPORATES
LIBERAL PARTY OF AUSTRALIA

Dutton plan risks $48b foreign student industry

roymorgansocial Leave a comment

Original article by Julie Hare
The Australian Financial Review – Page: 8 : 18-May-24

Opposition leader Peter Dutton has come under fire for stating that a Coalition government would reduce temporary migration to 160,000 in its first year in office. International students make up half of the number of temporary migrants, and migration expert Abul Rizvi claims that one student would have to leave the country for every one that arrives in order to meet Dutton’s target. International education was valued at $48 billion in 2023, making it Australia’s most successful non-mining export, and Rizvi claims that the international education sector would be "smashed" under Dutton’s plan.

CORPORATES
LIBERAL PARTY OF AUSTRALIA

International student numbers soaring again

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Original article by John Ross
The Australian – Page: 21 : 22-Sep-16

International students are again showing strong interest in Australian education, with enrolments rising 11 per cent in the first seven months of 2016. Vocational education and English language courses are particularly popular. Federal Education Minister Simon Birmingham expects even stronger growth to be stimulated by the National Strategy for International Education.

CORPORATES
AUSTRALIA. DEPT OF EDUCATION AND TRAINING, VOCATION LIMITED – ASX VET, AUSTRALIAN CAREERS NETWORK LIMITED – ASX ACO, ASHLEY SERVICES GROUP LIMITED – ASX ASH, UNIVERSITY OF NEW SOUTH WALES, INTERNATIONAL EDUCATION ASSOCIATION OF AUSTRALIA

Foreign students to bring in $30b

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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

CORPORATES
AUSTRADE, ECONOMIST INTELLIGENCE UNIT