Export income from overseas students almost halved in two years to just $22 billion, new data reveals, with experts predicting that 2022 will see a continuation of the slump.
New Australian Bureau of Statistics data shows that Australia’s largest services export sector and once third-largest export sector attracted $22.5 billion in 2021, down from $31.7 billion in 2020 and $40.3 billion in 2019.
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Julie Hare is the Education editor. She has more than 20 years’ experience as a writer, journalist and editor. Connect with Julie on Twitter. Email Julie at julie.hare@afr.com