Essential reading for IDP investors.

https://www.education.gov.au/international-education/resources/draft-international-education-and-skills-strategic-framework-pub

I’ve so far only seen the headlines in the press over the weekend and am guessing that there is going to be a lot of politicking on this one ahead of the budget. I’m guessing it will put negative pressure on the IEL share price when market opens today.

The general sense seems to be that University visas numbers will be reduced in line with an overall effort to curb the post-pandemic level of immigration.

DISC: Held in SM and IRL (and looking to top up further if the shorting bears latch onto this).