India drives unprecedented international student boom
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Kevin You, Senior Fellow at the Institute of Public Affairs, published research on the record boom in international students and temporary migrants.
Dr You noted that there were a record 111,740 net permanent and long-term arrivals into Australia in February 2025, a daily average of 3,991. “That’s approximately 3 arrivals a minute on a net basis”.

Net international student arrivals in February 2025 totalled 166,250, the highest monthly net arrival number on record, beating the previous record of 142,370 in February 2024.
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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.