International education is voodoo economics

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English Australia CEO Ian Aird claims that the federal government’s proposal to cap international student numbers will have an economic impact on more than just the education sector.

International student enrolments

Aird warns that it will also hit the small and medium-sized businesses that international students shop at daily.

Analysis by The Demographer’s Workshop suggests that international students spent almost $14 billion in local shops, cafes, and takeaway businesses in 2023.

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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.