Australia’s fake education exports plunge by a third

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The Australian’s mouthpiece for the edu-migration lobby, Tim Dodd, reports that Australia’s education exports have plunged by a third:

Australia’s education exports have plunged by a third due to the international border closure, with ­revenue dropping to $26.7bn in the year to June, down from $40.3bn recorded in calendar 2019.

Australian Bureau of Statistics figures show its largest service ­export sector is mainly made up of international student spending on tuition fees, rent, travel costs and other living expenses.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.