Overseas student numbers rebound

After a 5-year slump, Australia's fourth largest export sector grew 11.5% with 422,000 enrolments in the past financial year. This pickup has been predicted by Chaney, a businessman who prepared setting out a five-year strategy for the education sector - which has yet to be addressed by the current government.

Michael Chaney

Unlike international tourism, international education does not have a dedicated minister or coordinating body overseeing the sector. As competitor nations such as Canada and the United States beef up their strategies to acquire more international students, Australia has to remain on its toes to remain relevant to the international education industry.

Chaney has made a number of recommendations to strengthen the international education sector in Australia, namely -

• a new body to take responsibility for promotion and marketing
• national regulation to maintain quality
• create a positive student experience
• encourage Australian institutions and government to form partnerships locally and globally
• ensuring integrity in Australia's student visa program
• continually promote and market Australia as a supplier of high quality education

The International Education Advisory Council has estimated that there will be a 30% increase on international student enrolments in Australia. As education providers await the government response to the Chaney report, certain education agents have begun preparing for the influx of students by turning to services such as NexPay to assist them in keeping track of their payment receipts easily.

To learn more about NexPay, go to www.nexpay.com.au

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Source: The Australian