“Education is now our second biggest services export and is catching up to tourism. In 2016, tourism accounted for 36 per cent of Queensland’s service exports, while international education and training accounted for 27 per cent” – QLD Treasurer Curtis Pitt.
The Queensland Government has committed more than $200,000 towards boosting the number of international student numbers on the Gold Coast.
The commitment was welcomed by peak education body Study Gold Coast – with CEO Shannon Willoughby saying the funding demonstrated the State Government’s commitment to nurturing and growing the city’s fastest growing economic pillar.
“It’s an exciting time for education as a driving, economic force and also for future students who choose the Gold Coast as a study destination,” said Ms Willoughby.
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“This funding will enable Study Gold Coast to fast-track a proposed Student Hub, which will offer a range of support services to international students; assist in growing the annual Gold Coast Careers Expo and enable the launch of a start-up fund to help young student entrepreneurs bring their ideas to reality.”
Queensland’s Treasurer and Minister for Trade and Investment Curtis Pitt announced the funding on the Gold Coast yesterday while attending the Queensland Government’s inaugural International Education and Training Summit, which attracted more than 350 local and international delegates.
“Last year, the Gold Coast was voted the most popular beachside student city in the world,” Mr Pitt said.
“Today, the city hosts more than 25,000 international students from 130 countries. Of all of Australia’s non-capital cities, the Gold Coast offers the greatest education choice and is increasing its reputation for research-based excellence.
“We all know the success story of Queensland tourism but many are aware of the impact of international education and training on our economy.”
The State Government is supporting four Gold Coast projects:
- $27,680 in matching funds for the Gold Coast Careers Festival, which is held annually in May and is the largest and most comprehensive careers event on the Gold Coast.
- $10,000 in matching funds for the Study Gold Coast Start-up Initiative, which will be open to local and international student and is designed to support the development of locally based innovation and entrepreneurial skills
- $150,000 in matching funds for the Study Gold Coast Student Hub, which will offer a range of support services to international students
- $14,210 for a Gold Coast universities-led proposal to invite scholarship agencies to the Gold Coast to visit local universities and the Gold Coast Health and Knowledge precinct. The funds are on top of almost $36,000 in funding and support provided by the universities.
“These four Gold Coast initiatives are among the 15 projects around the state to receive a total of $661,240 in the first round of distributions from the Queensland Government’s new $6 million International Education and Training Partnership Fund,” said Mr Pitt.
“Education is now our second biggest services export and is catching up to tourism. In 2016, tourism accounted for 36 per cent of Queensland’s service exports, while international education and training accounted for 27 per cent.
“We have: 111,500 student enrolments, 160 source countries, $2.9 billion in export revenue, and 19,000 Queensland jobs supported by the sector.”