Australia's universities concerned about housing crisis
ANALYSIS - Higher education is a driving force of the local economy. But the windfall of lucrative tuition fees paid by foreign students is drying up following government decisions.
Cash cows for some, scapegoats for the housing crisis for others, international students are currently at the heart of a battle between Australian universities and their government. While Australia still owes most of its economic prosperity to its raw materials, education is also a crucial sector: it brought in more than 30 billion euros last year.
It must be said that Australian universities welcome a phenomenal number of international students. They have never been as numerous as last year: more than 555,000 entered the country in 2023, bringing to almost 1 million the number of international students present in Australia, mainly from China (22%), India (17%), Nepal (8%), the Philippines and Vietnam (5%), according to statistics from the Ministry of Education.
This is the largest contingent of immigrants in Australia and a considerable source of income...
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