General
Australia’s university sector is unlikely to recover from COVID-19 this year, experts say
Australia’s economy is starting to recover from the COVID-19 pandemic but despite improvements, one sector is set to fall further behind.
Key points:
- Education is Australia’s third-largest export
- International border closures are set to hurt universities further this year
- Only 63 international students have made it back to Australia since the nation shut its borders last year
Universities are worried they will suffer another year of financial blows because their export arm has all but been snapped off.
The sector has leaned heavily on lucrative international students for years, but those students now find themselves largely unable to enter the country and take up studies.
New figures from Universities Australia have revealed the damage caused…
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