Victorian Premier grovels for Chinese and Indian students

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The number of international enrolments in Australia hit a record high of 839,200 in the year to June 2025. This was up around 13,400 (1.6%) from the 825,800 enrolments in 2024, around 130,440 (18%) higher than the same time in 2019 before the pandemic, and more than triple the 266,100 enrolments 20 years earlier in 2005.

International student enrolment data - June 2025

Australia’s universities also have the second-highest concentration of international students in the world after Luxembourg:

International student concentration
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China and India are Australia’s largest sources of international students, experiencing explosive growth in recent years.

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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.