Australia: Foreign students bring in $16bn

INTERNATIONAL students contributed $15.74 billion to the Australian economy in the past year, the highest figure since the industry peaked in 2010.

The booming demand is being driven by the weaker Australian dollar, improved work rights and a simpler visa system, but there are growing concerns that increasing numbers of students are gaming the system in the hope of gaining permanent residency.

Immigration Department figures show that the new boom is being driven primarily by strong demand from China, from where demand is up 30 per cent on the previous year. But a 47.9 per cent increase in visas approved for Indian students and 49.8 per cent rise for ­Pakistani students need to be watched closely, experts say.

- theaustralian.com.au


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