New Australian immigration rules hit economy
Student drop hits economy. TOUGH new immigration rules for foreign students are hitting Australia's economy, with more than 125,000 fewer international students expected to come in the next 12 months, costing more than 31,000 jobs nationwide.
Confidential Immigration Department figures showing new visa applications suggest that Victoria, the state that is most reliant on foreign students, will be hardest hit, with 40,250 fewer students in the next year.
Modelling by Access Economics suggests this will cost 10,100 jobs in Victoria and punch a $1.17 billion hole in the state's export income, more than a quarter of the total value of the state's biggest export industry.
Many Australians would think that this is a succesful outcome as it means less Asians and Moslems coming to Australia i.e. those pining for a "neo white Australia" playing the race card, politicians of both sides, demographers such as CPUR, media who have been running scare campaigns claiming backdoor immigration and automatic study to permanent residency PR (both false) and meanwhile those actually responisble for integrity of the system i.e. DEEWR, DIAC and state regulators have avoided scrutiny? At best good old short term Australia not thinking of consequences.....