Question

The value of the Australian Dollar (AUD) decreases by 10% against other key currencies;what will happen to the Australian International Education sector in 2021?

Answer 1

With decrease in the value of Australian currency against other currencies, will make Australian Dollar comparatively cheaper for people of other countries. This will lead to increase in exports of Australian economy.

With Australian Dollar becoming cheaper in value for people of other countries including for students who are planning to study in Australia.

The students of other countries planning to study in Australia will have to pay less for their tuition fee, staying charges and so on.

So there will be increase and growth in Australian international education sector with its Dollar's value decreasing.