21 September 2000

# 4. What is making Australia a global financial centre?

DID YOU KNOW …

Australia is an education exporter

  • $3 billion – the value of Australian education export earnings in 1999, outstripping wool and on a par with wheat.
  • 157,634 – the number of overseas students studying at school, university and post-compulsory education and training institutions in 1999. In 1999 this was an all time high.

(Source: Department of Education, Training and Youth Affairs University Data Collection, 1999)

  • 83,000 – the number of overseas students enrolled in post-school education and training courses in Australia in 1999.
  • 50 per cent – the percentage of all overseas students in 1999 that were studying business and finance sector related subjects.

(Source: Australian Vice Chancellors Committee, 1999)

  • 33 per cent – the percentage of course completions in university business administration and economics field in universities, accounted for by overseas students in 1999.

(Source: Australian Vice Chancellors Committee, 1999)