糖心Vlog

Australian international education earnings reach A$34 billion

Record revenue fuelled by large foreign intakes at the country鈥檚 biggest universities

Published on
November 1, 2018
Last updated
November 1, 2018
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Revenue from Australia鈥檚 rampant international education industry has ballooned by one-sixth in a year, as overseas students continue their march towards majority status in some of the country鈥檚 top universities.

from the Australian Bureau of Statistics show that education exports earned the country more than A$34聽billion (拢18.8聽billion) in the 12 months to September. This represented a 17聽per cent increase on the A$29.1聽billion netted over the previous year.

The comparison post-dates a change to the ABS methodology that added 19聽per cent to the industry鈥檚 paper value in 2016-17.

The bonanza included earnings of A$9.4聽billion between July and September 鈥� a record for a single quarter, and 21聽per cent higher than revenues during the equivalent period of 2017.

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The figures suggest that signs of a slowdown in growth from the crucial Chinese market are yet to have any impact on the income of an industry riding high on a relatively weak dollar, favourable visa and post-study work settings, well-regarded educational institutions and an attractive lifestyle.

Meanwhile, new Education Department reflect how universities are relying on overseas students to boost their coffers in the wake of a slowdown in domestic demand for higher education.

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People on temporary entry permits represented 25聽per cent of commencing higher education students in 2017, up from 20聽per cent five years earlier.

They accounted for 43聽per cent of new students at the University of New South Wales; 42聽per cent at the University of Sydney and the Australian National University; 39聽per cent at the University of Technology Sydney and the University of Melbourne; 37聽per cent at the University of Queensland and 34聽per cent at Monash University.

If Monash鈥檚 overseas campuses are factored in, international students represent just under half of the university鈥檚 commencing cohort.

Australia鈥檚 private universities and colleges have even higher foreign intakes. Temporary visa holders represented 58聽per cent of last year鈥檚 commencing students at Queensland鈥檚 Bond University and 78聽per cent at Victoria鈥檚 non-university higher education institutions.

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At Adelaide鈥檚 Torrens University, 37聽per cent of commencing students were international.

Across Australia, international enrolments rose 10聽per cent last year, compared with 1.5聽per cent growth among domestic students.

john.ross@timeshighereducation.com

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