Latest statistics from the Statistics Bureau of Australia has revealed that the Australian educational sector has grown by over AUD 2 billion last year.
The increase reflects many factors that have pushed this industry well behind its past peak in the year 2009.
Since the changes in the visa, Australia has witnessed ease of fear about the safety of students and a slow decrease in its dollar has pushed the revenue up.
According to the Executive Director, Australian International Education Association, Phil Honeywood, all the proofs has revealed that the parents are making their decision for sending their children offshore frequently years in advance.
He also said that Australian Trade Minister Andrew Rob’s target is to have a million of foreign students in Australia by the year 2025.
Foreign education stays Australia’s largest service export industry gathering in around AUD 3.4 billion more than the tourism.