$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!

Impact On The Australian Economy Including

tag 0 Download7 Pages 1,559 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT


What Is The Impact On The Australian Economy Of International Students Coming Here To Study?




For the purpose of study, those students that cross the international boundary are known as foreign students. These students go in different countries to pursue higher education. Such students cause an impact on the economy in many ways. Foreign students are those students that are defined on the basis of their citizenship. The international students are of great importance in all the countries. They contribute to the economy in many ways. As per reports if we go, the international student contribute to about one-eighth to the income of the entire economy.  If we go by reports, the following facts were stated in context of the international students coming to Australia in respect of studies. As per the reports presented below(, 2017)

Data from the United Nations Educational, Scientific and Cultural Organization’s (UNESCO) Institute for Statistics (UIS) indicate the top ten host countries for inbound international students (in formal tertiary education only) are: (ABC News, 2017)

United States (19% of total mobile students)

United Kingdom (10%)

Australia (6%)

France (6%)

Germany (5%)

Russian Federation (3%)

Japan (3%)

Canada (3%)

China (2%)

Italy (2%)

In year 2015-2016, the total revenue generated by the international students was in tune to amount of billion in respect of export income which was more than eight present than what was earn in the previous years.  When it comes to export, the export of international students amount to the third largest export of the country after export of iron ores and coal. As per the new data that was released, by the government, the Australian Bureau of Statistics made a confirmation that all over the various universities and other colleges that imparts higher education to the international  billion in student,  they generated cumulatively income to the amount of dollar 13.7 billion in 2015-16. This industry also helps in providing job employment to a large sector of people, which in terms of figures is around 130,700 Australian jobs and helps in sustaining the living standard of the people over there.  It is not only core component of Australian economy it also contributes to maintain the relationship of Australia with the rest of the world.  It helps in development of better communal relationship between different countries, as students of one country go to study in another country.  There is a reason why so many students comes every year to the continent to pursue higher education, the main reason be the quality of world class education that the universities over here offer, also they are benefited by the rich cultural diversity and the fulfilling student experience. It is one of the most sought after country by many students all over the world in respect of pursuing higher education. Over the past fifty years, the student to student relation has helped in developing the country to country relation in the world, it has been the flag bearer for development of international relational, and connecting the continent with the rest of the world.  Through this exchange of students, the government is also paving the way for development of rich trade and culture ties between the nations and that will eventually help in developing of better economic prospects.  As in today more than 320000 students are pursuing international education from around 130 countries around the globe from the Australian institutes. These students are also making contribution to the development of the regional states in the country, with more than five present of the total income from these students goes for the development of the regional states and provinces. Thus there is a lot of advantages that international students has when it comes to the overall development of the international economy and its wide scale growth. The overall impact that was generated by the international students was captured in reports that were issued by the ACPET report in 2013,it covers the overall impact that is caused through various vocational training, education practices, various degrees and higher education facilities, that are provided to the international students by the Australian institute

The overall details about the advantages that international education provides is provided in the data below

State or Territory Full Time Equivalent (FTE) jobs Proportion of State employment Economic contribution(ABC News, 2017)

State or Territory

Full Time Equivalent (FTE) jobs

Proportion of State employment

Economic contribution
(direct & indirect)

Proportion of State gross product

New South Wales















South Australia





Western Australia

























There are also disadvantages that are associated with the international students and have wide scale effect on the economy. The major impact can be put forward in the following points-


Interactions between the foreign and the domestic students

Mostly it is stated that most of the students finds it favourable to stay in a foreign country, but sometimes there are issues because a lot domestic students finds it not possible to accept the international students that come to their counties form different part of the world, somewhere they feel that their overall privacy is being hampered by such large scale foreign exchange terms. It is difficult sometimes for the domestic students to develop ties with the international students (Boundless, 2017)

Impact on institutions

 There has been studies about how the advent of the international students can affect the type and the manner of imparting education to the students, abacuses changes have to be done so that the international students get an international experience in terms of the kind of education they are receiving form the institutes, research has been done in this matter a lot. However there has been little or no implication of the same The industries seldom take any decisions based on the needs of these students and efforts to internalise their curriculum of education ,in that way the students re at loss and many since most of the students belonging to different nations have different expectations with the kind of education they want to receive , fails to obtain the same. In this way the economy is hampered because the institutes are not taking efforts ad so many stunts are abstaining from undergoing such courses in the continent.  Thus w see that the overall education format and the institutes policy goes for changes when the same comes in terms with the expectations of the international students. (, 2017)

Impact on the community

International education also has effect on the community in many ways, , there are overall implications in relations between the host country and the international students and how does the effect the economy in so many ways.  There are studies that shows the perceived discrimination on the basis of the home stay and the effect it has on the development of the community as a whole, In some ways if it is helpful in developing relations in other words it is bad also because sometimes, the people are not able to accept these students in their country and if there in any ways, harm is caused to such students the overall ties between the countries gets hampered because of the same Community outreach programmes have been developed and reported on in an ad hoc fashion, but systematic evaluations of these initiatives have not generally been undertaken. (ABC News, 2017)


Hence if we see from a broader perspective, these policies of international education are good and bad, in both ways. It cannot be denied that it helps in developing of the economy in so many ways, but in some ways , it lasso leads to the flow of the foreign direct investments which may not be good for the economy when it comes in terms of money prospect. These policies are advantageous both for the home students and also for the students of the host nations, because each one gets to experience a different kind of cultured experience the out reaches of the world diversity which they might not be able to if they wren pursuing education in their protective environment. Still if we look , the advantages are often outweighing the disadvantages, hence it is important the government developed the best of policies for the benefit of the international student that will eventually help the development of the entire economy in so many more ways. (, 2017)


References (2017). Recent Trends in International Student Mobility and Economic Impact. [online] Available at: [Accessed 27 May 2017].

ABC News. (2017). International student numbers hit new high. [online] Available at: [Accessed 27 May 2017]. (2017). International-education-generates-a-record--20-3-billion-for-Australia. [online] Available at: [Accessed 27 May 2017]. (2017). The impact of international students on domestic students and host institutions | Education Counts. [online] Available at: [Accessed 27 May 2017].

ABC News. (2017). Australia 'most expensive' place for international students. [online] Available at: [Accessed 27 May 2017].

Boundless. (2017). Impact of Immigration on the Host and Home Country Economies. [online] Available at: [Accessed 27 May 2017].


Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2018). Impact On The Australian Economy Including . Retrieved from

"Impact On The Australian Economy Including ." My Assignment Help, 2018,

My Assignment Help (2018) Impact On The Australian Economy Including [Online]. Available from:
[Accessed 02 April 2020].

My Assignment Help. 'Impact On The Australian Economy Including ' (My Assignment Help, 2018) <> accessed 02 April 2020.

My Assignment Help. Impact On The Australian Economy Including [Internet]. My Assignment Help. 2018 [cited 02 April 2020]. Available from: delivers assignment help to millions of students of USA. We have in-house teams of assignment writers who are experts on wide ranges of subjects. We have appointed teams of native writers who provide assignment help to students in New York City and all over the USA. They are skilled assignment writers who successfully cater to search terms like do my assignment in the USA

Latest Finance Samples

BAO2203 Corporate Accounting

Download : 0 | Pages : 10
  • Course Code: BAO2203
  • University: Victoria University
  • Country: Australia

Answer: Introduction The gross inflows of cash, other consideration, receivables that is been arising in the development of the common activities of an entity from selling of goods, providing facilities also from the sources that fetches royalties as well as dividends the amount that is collected is called revenue.  The principle that helps in recognition of revenue is concluded from the concept of accrual along with the matching concept. ...

Read More arrow Tags: Australia City Of Sydney Management Strategy and Management of Change University of Sydney 

ACCM4200 Financial Accounting And Reporting 1

Download : 0 | Pages : 8
  • Course Code: ACCM4200
  • University: Kaplan Business School
  • Country: United States

Answer: Letter From: To: Dear .. Thank you for the discussion that we had on the issues that we had with reporting of accounting standards and accounting policies. To help with the decision-making process we have made the necessary suggestions for the company and all the necessary accounting disclosures with respect to the accounting standards, with respect to each specific issue is provided. All the issues are discussed in detail and...

Read More arrow

BUS302 Entrepreneurship 3

Download : 0 | Pages : 5

Answer: Background To The Idea The core idea behind the concept of starting a home décor business is to provide customer latest fashion home decor and satisfy their needs and expectations by delivering quality and lavish products. Also, there are various home décor business opportunities present in the market that will support our growth and help in attaining commendable success.  The key concept of business is to compete i...

Read More arrow

ACC3003 Financial Accounting For Business Combination

Download : 0 | Pages : 8
  • Course Code: ACC3003
  • University: Australian Institute Of Higher Education
  • Country: Australia

Answer: The Crisis of Fair Value Accounting Following Recent International Financial Crisis Introduction The current financial crisis has resulted in a vigorous debate regarding advantages and disadvantages of the fair value accounting. Such debate indicates an increased challenge for the fair value accounting as a standard setter along with extending it into several areas (Acharya and Ryan 2016). It is observed that there are certain legiti...

Read More arrow

ACC204 Advanced Financial Accounting 2

Download : 0 | Pages : 6
  • Course Code: ACC204
  • University: Elite Education
  • Country: Australia

Answer: Introduction The present report is developed for carrying out an analysis of the financial performance of a company listed on the ASX. This is done by providing a comparison of the financial information of the selected company over the last two years. This is done for providing a comparison of the financial information of the company in their annual reports over the year 2017-2018. This is followed by providing a discussion of the susta...

Read More arrow

Save Time & improve Grades

Just share your requirements and get customized solutions on time.

We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits




Overall Rating



Our Amazing Features


On Time Delivery

Our writers make sure that all orders are submitted, prior to the deadline.


Plagiarism Free Work

Using reliable plagiarism detection software, only provide customized 100 percent original papers.


24 X 7 Live Help

Feel free to contact our assignment writing services any time via phone, email or live chat.


Services For All Subjects

Our writers can provide you professional writing assistance on any subject at any level.


Best Price Guarantee

Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.

Our Experts

Assignment writing guide
student rating student rating student rating student rating student rating 4/5

1309 Order Completed

100% Response Time

Gemmie Chen

MSc in Nursing

Singapore, Singapore

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

1758 Order Completed

99% Response Time

William Martinez

MS in Biology

Washington, United States

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

2632 Order Completed

100% Response Time

Albert Ambrosio

MSc in Nursing

London, United Kingdom

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

1265 Order Completed

97% Response Time

James Cook

Masters in Management

Wellington, New Zealand

Hire Me

FREE Tools


Plagiarism Checker

Get all your documents checked for plagiarism or duplicacy with us.


Essay Typer

Get different kinds of essays typed in minutes with clicks.


GPA Calculator

Calculate your semester grades and cumulative GPa with our GPA Calculator.


Chemical Equation Balancer

Balance any chemical equation in minutes just by entering the formula.


Word Counter & Page Calculator

Calculate the number of words and number of pages of all your academic documents.

Refer Just 5 Friends to Earn More than $2000

Check your estimated earning as per your ability




Your Approx Earning

Live Review

Our Mission Client Satisfaction

The assignment was return to me on time has to make corrections and adjustment myself but still made a good grade. thanks


User Id: 392946 - 02 Apr 2020


student rating student rating student rating student rating student rating

OMG this was totally better than expected and worth every penny!!! I suck at math so i\'m excited to see my grade!


User Id: 394019 - 02 Apr 2020


student rating student rating student rating student rating student rating

Very happy with work provided by My assignment Excellent work. Always with in deadline.


User Id: 228464 - 02 Apr 2020


student rating student rating student rating student rating student rating

Haven\'t get result yet but already feel like a great piece of writing, no disappoint.


User Id: 329158 - 02 Apr 2020


student rating student rating student rating student rating student rating
callback request mobile
Have any Query?