Proposed Cap on International Students in Australia Could Lead to Significant Losses for Universities
Coalition's plan to limit overseas enrolments raises concerns over staffing and revenue impact on educational institutions.
The proposed plan by Australian opposition leader Peter Dutton to cap overseas student enrolments at public universities has raised alarms within the higher education sector.
An analysis reveals that the 14 universities currently exceeding Dutton’s proposed limit of 25 percent overseas students would need to reduce their intake by approximately 80,000 students to comply with the new regulations.
This reduction is estimated to result in a revenue loss of nearly $2.9 billion for these institutions.
Dutton's initiative aims to decrease the number of new international enrolments to a total of 240,000, which would represent the lowest level of overseas student commencements since 2006. Data indicates that this proposed figure is lower than the numbers seen during the border closures associated with the COVID-19 pandemic, when international travel and student admissions were significantly restricted.
In a separate but related development, the real estate market in Australia's major cities has experienced a substantial surge in apartment prices.
According to new figures released by property consultancy Urbis, the average selling prices of apartments have increased by a record 24 percent during the December quarter, bringing the average cost above $19,000 per square meter.
This escalation is attributed to various factors, including rising building costs, labor shortages, and a growing preference for owner-occupier-grade housing.
The consultancy reported that presales and under-construction projects across key cities such as Sydney, Melbourne, Brisbane, Perth, and Gold Coast also saw a significant year-on-year increase of 34 percent.
Brisbane has particularly stood out, with off-the-plan prices rising by 33 percent from the previous quarter, reaching an average of $23,000 per square meter.
This dynamic reflects ongoing demand and market pressures that continue to shape the housing landscape in Australia.
An analysis reveals that the 14 universities currently exceeding Dutton’s proposed limit of 25 percent overseas students would need to reduce their intake by approximately 80,000 students to comply with the new regulations.
This reduction is estimated to result in a revenue loss of nearly $2.9 billion for these institutions.
Dutton's initiative aims to decrease the number of new international enrolments to a total of 240,000, which would represent the lowest level of overseas student commencements since 2006. Data indicates that this proposed figure is lower than the numbers seen during the border closures associated with the COVID-19 pandemic, when international travel and student admissions were significantly restricted.
In a separate but related development, the real estate market in Australia's major cities has experienced a substantial surge in apartment prices.
According to new figures released by property consultancy Urbis, the average selling prices of apartments have increased by a record 24 percent during the December quarter, bringing the average cost above $19,000 per square meter.
This escalation is attributed to various factors, including rising building costs, labor shortages, and a growing preference for owner-occupier-grade housing.
The consultancy reported that presales and under-construction projects across key cities such as Sydney, Melbourne, Brisbane, Perth, and Gold Coast also saw a significant year-on-year increase of 34 percent.
Brisbane has particularly stood out, with off-the-plan prices rising by 33 percent from the previous quarter, reaching an average of $23,000 per square meter.
This dynamic reflects ongoing demand and market pressures that continue to shape the housing landscape in Australia.
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