Australia raises minimum savings for student visa, warns on fake recruitment

Australia raises minimum savings for student visa, warns on fake recruitment
Australia raises minimum savings for student visa, warns on fake recruitment

Hello and welcome to the details of Australia raises minimum savings for student visa, warns on fake recruitment and now with the details

Nevin Al Sukari - Sana'a - Australia said today it would raise the amount of savings international students will need to get a visa. — Reuters pic

SYDNEY, May 8 — Australia said today it would raise the amount of savings international students will need to get a visa and warned several colleges of fraudulent student recruitment practices, as part of efforts to rein in record migration.

From Friday, international students must show proof of savings of at least A$29,710 (RM92,712) to get their visa, the second increase in about seven months. It was raised to A$24,505 from A$21,041 in October.

The moves follow a raft of actions in recent months to tighten the student visa rules as the lifting of Covid-19 restrictions in 2022 triggered a sudden influx of migrants, exacerbating pressure on an already tight rental market.

Advertisement

English language requirements for student visas were increased in March and the government has been taking steps to end settings that allowed students to prolong their stay.

Home Affairs Minister Clare O’Neil said warning letters had been sent to 34 education providers for “non-genuine or exploitative recruitment practices”. They could be jailed for up to two years and banned from recruiting students if found guilty, she said.

“Dodgy providers have no place in our international education sector. These actions will help weed out the bottom feeders in the sector that seek to exploit people and trash the reputation of the sector,” O’Neil said in a statement.

Advertisement

International education is one of Australia’s largest export industries and was worth A$36.4 billion to the economy in 2022/23.

But record migration, mostly driven by international students, has put the government under pressure with rental prices soaring across the country. Net immigration rose 60 per cent to a record 548,800 in the year to Sept. 30, 2023.

The government expects its policies could halve Australia’s migrant intake over the next two years.

“We are significantly reducing migration levels — we are in the middle of the biggest drop in migration numbers in Australia’s history, outside of war or pandemic,” O’Neil said. — Reuters

These were the details of the news Australia raises minimum savings for student visa, warns on fake recruitment for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Malay Mail and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV Vucic says ‘Taiwan is China’ as Xi visits Serbia, says state broadcaster
NEXT Russia says it will target French troops if they are sent to Ukraine

Author Information

I am Joshua Kelly and I focus on breaking news stories and ensuring we (“Al-KhaleejToday.NET”) offer timely reporting on some of the most recent stories released through market wires about “Services” sector. I have formerly spent over 3 years as a trader in U.S. Stock Market and is now semi-stepped down. I work on a full time basis for Al-KhaleejToday.NET specializing in quicker moving active shares with a short term view on investment opportunities and trends. Address: 838 Emily Drive Hampton, SC 29924, USA Phone: (+1) 803-887-5567 Email: [email protected]