The Australian government, to curtail large-scale immigration, has decided to increase the demand for students to present proof of higher savings. Students now have to show AUD 29,710, ($19,576) previously at AUD 24,505, ($16,146) an increase of 3430.
The decision is a continuation of Australia’s previous hike, last October of 3,464. The Australian government is trying to curtail the fraudulent cases in student immigration cases and the rise in immigration.
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India, the second largest consumer, in this case, has been affected the most. A decline of 48% came from Dec 22 to Dec 23.
Such measures by the Australian government will also affect IELTS, increasing its fees.
Measures taken by the Australian government are to strike a balance between immigrating students and housing.
