Bad news for those planning to study in Australia, know this important thing before applying; you will be saved
If you want to study in Australia, then this news is useful for you. Australia will soon put a limit on student migration, due to which more students will not be able to go to Australia.
Every year thousands of Indian students go to Australia to study, in such a situation they have a desire for a good education, and at the same time, they are also looking for a better career. In such a situation, people around them also want to study in Australia with the same desire, so this is bad news for these students. Australia is going to limit enrollment for foreign students by the year 2025. Australia said on Tuesday that it will limit the enrollment numbers of foreign students to 270,000 by 2025, as the government wants to curb record migration, which has led to an increase in house rent prices.
Why the decision was taken
The decision follows actions taken since last year to end COVID-era concessions for foreign students and workers in Australia, which helped businesses recruit staff locally while strict border controls kept foreign workers out.
Education Minister Jason Clare said, “Today we have nearly 10% more foreign students in our universities than before the pandemic, as well as nearly 50% more in our private vocational and training providers.”
International education is a big industry
Clare further said that these reforms are designed to make the foreign student sector better and more fair, and this will give it more strength in the future. International education is one of Australia’s largest export industries. In the 2022-2023 financial year, it accounted for 36.4 billion Australian dollars in the economy.
Extra pressure on the housing market
However, the survey showed voters are concerned that large numbers of overseas students and workers will put extra pressure on the housing market, making immigration a potentially key election issue in an election less than a year away. Immigration hit a record high in the year ending 30 September 2023, rising 60% to a record 548,800, higher than in June 2023, when 518,000 people came to Australia in June.
Australia boosted its annual migration numbers in 2022 to help businesses recruit to fill staff shortages after the COVID-19 pandemic imposed tight border controls and kept out overseas students and workers for nearly two years.
Boosted labor supply
Record migration by students from India, China, and the Philippines has boosted labor supply and eased wage pressures, but it has also worsened an already tight housing market. To curb the surge in migration, the government last month more than doubled visa fees for foreign students and promised to close loopholes in rules that allowed them to continually increase their migration.
