Labor unloads international student “ponzi scheme”

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The Albanese Government lit a fuse under the international student trade when it used last month’s Jobs & Skills Summit to expand work rights via:

  • Uncapping the number of hours international students can work while studying for another year; and
  • Extending the length of post-study work visas by two years.

The former Morrison Government’s uncapping of international student working hours last year has already delivered a sharp increase in student visa applications from India and Nepal. And Labor’s maintenance of this policy, alongside its two-year extension to post study work visas, will only turbo-charge international student arrivals even more.

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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.