International education makes significant economic contribution
- Minister for Education
International education contributed $37.6 billion to the Australian economy last financial year, which was a $5 billion increase.
Australian Bureau of Statistics figures released yesterday found the economic contribution of the international education sector had grown by 15 per cent.
Minister for Education Dan Tehan said the figures confirmed Australia was a world-leading study destination.
“International education has experienced its fifth year of consecutive double digit growth, highlighting the strength of Australia’s higher education system,” Mr Tehan said.
“Australians should be proud of our innovative international education sector.
“It is our largest service-based export and supports 240,000 jobs, business opportunities and economic growth.
“Our Government continues to focus on the sustainable growth of the sector and attracting more international students to study in the regions, through the Destination Australia program and changes to student visa work rights.
“We want to ensure the benefits of our international education sector are shared throughout the country.”