Australia made a courageous decision by declaring that it will exclusively admit 270,000 international students by 2025. This choice is a part of the government's effort to manage the country's high migration rates, resulting in increased housing rental prices.
This new development could affect Indian students intending to pursue higher education in Australia. In recent years, there has been a growth in the number of Indian students looking for educational opportunities abroad, with Australia continuing to be a favored choice.
Limiting the number of visas available to international students is one component of a larger strategy to control immigration, bolster the housing market, and alleviate skill deficits in the economy. Nevertheless, the higher education sector has maintained that the plans would harm Australia's international image as a hospitable, secure, and top-tier educational hub for international students.
Education has been one of Australia’s most lucrative exports, but the left-leaning government in Canberra has said the international education sector, which includes many smaller private English language colleges, vocational and training institutions as well as larger universities, has been used as a way for unskilled migrants to stay in Australia. If education institutions exceed the caps, they must provide accommodations for their students. There has not been any public announcement about the specific quotas for international students.
Because of the large number of people moving, rental housing in numerous major cities in Australia is frequently costly and limited in availability. Analysts have stated that the increase in prices is due to a lack of investment in affordable housing over the years.
The government in Canberra announced modifications to the Australia's Education Services for Overseas Students Act, granting the education minister the power to regulate student enrolment quotas for every education institution, such as certain courses or locations.
The majority of overseas students in Australia come from five countries: China, India, Nepal, the Philippines and Vietnam, according to government data. They contribute billions of dollars to the Australian economy.
