Coronavirus supply shock lands in Australia

We know about the demand shock. At Crikey:

The country’s top eight (Go8) universities have the highest demand from China, so they are able to lock in their enrolments months in advance. All unis are marketing and taking enrolments all the way into week one, but these last-minute students make up a larger proportion of the cohort for those outside the Go8.

An industry insider, who declined to be named, told Crikey “It’s a frantic last-minute revenue grab — Chinese students who don’t succeed in securing their first-preference course are fielding offers. Marketing teams are swarming in Australia and on the ground in China in the hope of convincing as many as possible”.

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