Education exports hit record high
AUSTRALIAN Bureau of Statistics released figures confirming international education is a key contributor to Australia’s economy, with enrolments passing 700,000 for the first time during 2016.
Education exports reached a record $21.8 billion in 2016, up 17 per cent on 2015.
Federal minister for Trade, Tourism and Investment Steven Ciobo said international education has enjoyed consecutive years of growth.
“There is strong global demand for Australian education and training and we are helping Australian providers pursue opportunities,” Mr Ciobo said.
Federal minister for Education and Training Simon Birmingham said international education now supported more than 130,000 jobs.
“The Turnbull Government is supporting the strength and competitiveness of the international education sector with the first concerted approach through the National Strategy for International Education 2025, the Australian International Education 2025 market development roadmap, and the Australian Global Alumni Engagement Strategy 2016-2020,“Mr Birmingham said.
“These strategies are a framework for cooperation between governments, education providers and businesses. They create opportunities for Australian providers and will help to sustainably grow the sector over the coming decade.”
Deloitte Access Economics analysis revealed there will be more than one billion learners actively seeking education and skills by 2025, presenting incredible opportunities for Australia’s world-class international education and training providers.
The Australian Global Alumni Engagement strategy part of the National Strategy for International Education.