Business
The property market is bracing for the collapse in international student numbers – with Australia’s economy to feel the blow for years to come – Business Insider Australia
With the flood of international students into the country reduced to a trickle, Australian industries are beginning to wise up to the costs.
- International students no longer coming to Australia is set to have major economic ramifications, including to the property market.
- A new report from the National Housing Finance and Investment Corporation (NHFIC) projects demand for housing will fall by 232,000 over the next three years as a direct result of international admissions dropping.
- The report also warns of a fallout in rents and prices, and foreshadows the greater impact to construction, population growth an…
Continue Reading
-
General23 hours agoGerman backpacker Carolina Wilga found alive in WA’s outback
-
General12 hours agoThailand punches above its weight in film creativity and cross-border appeal. Here’s why
-
General23 hours agoVictims of crypto ATM scams lose $2.5 million as police warn older Tasmanians are targets
-
Noosa News4 hours agoNRL live updates: Newcastle Knights vs Melbourne Storm, St George Illawarra Dragons vs Sydney Roosters, North Queensland Cowboys vs Canterbury Bulldogs