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Home News Market Update

International Students Drive Economic Recovery

Dirk MulderbyDirk Mulder
June 26, 2023
in Market Update, Policy, Student Recruitment
International Students Drive Economic Recovery
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Australia continues to benefit from the arrival of new and returning international students, spurring economic growth and driving ongoing COVID-19 recovery, according to Universities Australia.

In a press release, it states “The latest data from the Australian Bureau of Statistics confirms a further 42,830 students arrived in April, 21,700 more than in the same month last year. Provisional estimates indicate a further 44,260 students arrived in May.”

Education-related travel was Australia’s largest services export in 2022, increasing by more than $4.6 billion from the year prior, according to separate ABS data. This is on top of information put before the Australian Government’s Inquiry into Australia’s tourism and international education sectors [not by UA] claiming that international education actually generates 69 per cent of international tourism spend in Australia.

“International education continues to be one of Australia’s greatest success stories,” Universities Australia Chief Executive Catriona Jackson said.

“It’s terrific to see growth in the number of students, their friends and their families coming to our shores to experience all that Australia has to offer.

“We’re working back to the position of strength we held pre-pandemic, which is positive news for universities and for the nation which benefits from the knowledge and perspectives international students bring when they choose a world-class Australian education.

“International students also make a significant economic contribution, supporting more than 250,000 jobs before the COVID-19 pandemic and adding more than $40.1 billion to the economy.”

Tags: Universities Australia
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Dirk Mulder

Dirk Mulder

Dirk Mulder is the founder of the Koala and Principal of MulderPR, a strategy and marketing communications consultancy specialising in international education. Dirk has had extensive experience in International Education and Service Management, holding Directorships at the University of South Australia, Curtin University and Murdoch University as well the Lead for International Student Initiative across the Asia Pacific region at Allianz Partners. He has been member of the boards of Perth Education City (now StudyPerth) and Education Adelaide, he has chaired the Universities of Perth International Directors Forum and has been a past board member of the Hawkesbury Alumni Chapter, his alma mater. His views are widely published and quoted across the media and has been seen in Campus Morning Mail, the Australian Financial Review and ABC television and online. Acknowledgement/disclosure: Dirk holds shares in and outside of the education sector including in IDP Education.

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