Tuesday, August 27, 2024
Year : 2, Issue: 34
Australia said on Tuesday it would limit the enrolment number of international students at 270,000 for 2025, as the government looks to rein in record migration that has contributed to a spike in home rental prices.
The decision follows a raft of actions since last year to end COVID-era concessions for foreign students and workers in Australia that helped businesses recruit staff locally while strict border controls kept overseas workers out.
“There’s about 10% more international students in our universities today than before the pandemic and about 50% more in our private vocational and training providers,” Education Minister Jason Clare told a press conference.
International education is one of Australia’s largest export industries and was worth A$36.4 billion ($24.7 billion) to the economy in the 2022-2023 financial year.
But polls have showed voters are concerns about large influxes of foreign students and workers putting excess pressure on the housing market, making immigration one of the potential major battlegrounds in an election less than an year away. Net immigration hit a record high in the year to Sept. 30, 2023, surging 60% to a record 548,800, higher than the 518,000 people in the year ending June 2023.
Australia boosted its annual migration numbers in 2022 to help businesses recruit staff to fill shortages after the COVID-19 pandemic brought strict border controls, and kept foreign students and workers out for nearly two years.
Source: Reuters
