Australia’s $51 billion international student lie

Advertisement

The Australian Bureau of Statistics (ABS) claims that international education is Australia’s fourth largest export, earning the country $51 billion in 2023–24.

Top five exports

The ABS calculates this fantastical education “export” figure by summing expenditure by student visa holders on tuition fees and goods and services.

In 2024-25, the ABS estimated that $30.2 billion was spent by student visa holders on goods and services, whereas $20.6 billion was spent on tuition fees.

Advertisement
International student exports

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
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.