Brief by Shorts91 Newsdesk / 05:52pm on 08 May 2024,Wednesday India Global
Australia announces an increase in savings requirement for international student visas, affecting Indian students. The new policy, effective May 10, mandates proof of savings of at least A$29,710, marking the second hike in seven months. Aimed at curbing migration surge and combating fraudulent practices, recent policy changes include tougher English tests and crackdowns on exploitative recruitment by education providers. Australian Home Affairs Minister warns of jail time for offenders. The move reflects efforts to manage record migration levels, largely driven by international students, amidst rising rental prices. Australia anticipates a significant reduction in migrant intake over the next two years.
