Proposed Levy on International Students Could Shrink Australian Workforce: Research

Proposed Levy on International Students Could Shrink Australian Workforce: Research
A woman walks past signage for Australian universities in Melbourne's central business district on June 10, 2020. Photo by William West/AFP via Getty Images
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The implementation of a proposed levy on international higher and vocational education student fee income would lead to a decline in the sector and reduce the size of the Australian workforce, economic modelling (pdf) from Victoria University’s Centre of Policy Studies (CoPS) has showed.

CoPS researchers Xianglong Locky Liu, James Giesecke, and Jason Nassios said in the study that a five percent international student levy on higher education would raise the foreign currency price of export education by about two percent.

Celene Ignacio
Celene Ignacio
Author
Celene Ignacio is a reporter based in Sydney, Australia. She previously worked as a reporter for S&P Global, BusinessWorld Philippines, and The Manila Times.
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