Tuesday, April 21, 2009

The Economic Contribution of International Students in Australia

The Australian Council for Private Education and Training has issued a report prepared for them by Access Economics Pty Limited entitled The Australian Education Sector and the Economic Contribution of International Students. From the executive summary of the report:

“Education services ranks as the third largest export category earner for the year 2007-2008, behind coal and iron ore. Education services include expenditure by students in Australia ($13.7 billion) and exports from other education operations ((438 million). Education services ranks ahead of service categories of personal travel and professional services and merchandise trade categories of gold, crude petroleum and aluminum.

Each international student (including their friend and family visitors) contributes an average of $28,921 in value added to the Australian economy and generates 0.29 in full-time equivalent (FTE) workers.”

You can read the full report

1 comment:

  1. The global recession has helped to make history in Australia with the number of working women in full-time and part-time jobs surpassing the number of men in full-time jobs for the first time on record last few days.