Tuesday , October 8 2024

Bad news for those planning to study in Australia, know this important thing before applying; you will be saved

Australia 1724735690

Every year thousands of Indian students go to Australia to study. 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 there is bad news for these students. Australia is going to limit the enrollment of 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 rein in record migration, which has led to a rise in house rental 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 that had helped businesses recruit staff locally, while strict border controls kept out foreign workers.

“Today we have almost 10% more international students in our universities than before the pandemic, as well as almost 50% more in our private vocational and training providers,” Education Minister Jason Clare said.

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. It had a share of 36.4 billion Australian dollars in the economy in the 2022-2023 financial year.

Additional pressure on the housing market

However, the survey shows 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 the 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 arrived in Australia in June.

Australia boosted its annual migration numbers in 2022 to help businesses recruit to fill worker shortages after the COVID-19 pandemic imposed tight border controls and kept out foreign students and workers for nearly two years.

increased 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 had allowed them to continually increase their migration.