Australia will limit the number of new international students to 270,000 in 2025 as part of efforts to manage a surge in migration and address rising home rental prices. The cap includes 145,000 students at universities and 95,000 in vocational courses, which will impact the higher education sector. Universities, concerned about financial consequences, are assessing the impact. The move follows other actions to reduce COVID-era concessions for foreign students and workers. Moody’s Ratings suggest that the impact on universities will be modest, but concerns persist about the effects on Australia’s global competitiveness in attracting talent.
Source – CGTN
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