Richard Colbeck (Tasmania, Liberal Party, Minister for Tourism and International Education) Share this | Hansard source

Last week we released statistics from the ABS which indicated a value of international education to the Australian economy of $18.8 billion. It is our third largest export and it plays a significant role in the Australian economy. Senator McKenzie, your home state of Victoria actually brought in $5.6 billion for the financial year 2014-15. In addition to the $18.8 billion contribution to the national economy, there are significant other benefits. For every international student who comes to Australia there are 2.3 visitors who come to Australia on an annual basis. This creates an extra 130,000 jobs into the Australian economy and plays an important role in the government's objectives of seeing international education as a key— (Time expired)