International students may be the bedrock of our economy - but for how long?

International Students

A recent analysis suggests spending by international students contributed to more than half of the nation's 1.5 per cent GDP growth last year. Source: Getty / SolStock/Getty Images

Analysis by economists at NAB (National Australia Bank) suggests spending by international students, contributed to more than half of the nation's 1.5 per cent GDP growth last year. The 0.8 per cent boost helped Australia's economy avoid two consecutive quarters of negative economic growth - steering it away from a technical recession. But with student visa approvals falling, that contribution is expected to ease.



Share
Download our apps
SBS Audio
SBS On Demand

Listen to our podcasts
Independent news and stories connecting you to life in Australia and Nepali-speaking Australians.
Stories about women of Nepali heritage in Australia who are about to become parents.
Get the latest with our exclusive in-language podcasts on your favourite podcast apps.

Watch on SBS
Nepali News

Nepali News

Watch it onDemand