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Australia Overseas Education Sector Accomplishes All Time Record

November 2015, 28
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The report says that according to the latest information from the Australian Bureau of Statistics had exposed that the export from the Australian overseas sector for education services had accomplished all-time record by reaching high figures of AUS$18.8 billion.

The report also says that the overseas education movement has got a tremendous raise about half a million only this year alone with the international students who wish to live and study in Australia And had previously supplied approximately AUS$18.2 billion to the Australian economy. This statistics is 14.5% high from the fiscal year 2013-14 figures which stood at AUS$ 15.9 billion and also up by 6.7% from the year 2014 which was AUS$17.0 billion.

These figures prove that the overseas education remains the as the chief export for Australia.

According to Tourism and Foreign Education Minister Mr. Richard Colbeck, Senator, the overseas education sector is the 3rd main export after iron ore, and coal in the country.

He also says that the exports of education services for the fiscal year 2014-15 has increased by 15%, which also illustrates that our thriving overseas education sector prolongs to move forward.

He also told that the overseas education is the solution maker of employment, with the sector sustaining more than 1, 30,000 occupations in the cities across Australia. The government is dedicated for guaranteeing that the overseas education sector persists to be one of the major powers of the Australian economy. 

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