International university enrolments hit new high

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The Department of Education has released data showing that international university (higher education) commencements rose slightly (+0.7%) in 2025 to a record high of 214,100:

International student university commencements

This pushed university international enrolment to a record high of 545,000, well above both 2024 and pre-Covid levels.

International student university enrolments
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Australia already had the highest concentration of university enrolments in the developed world and this data suggests that this concentration has become even more extreme.

International student concentration

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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.