Call to fast-track return of international students as state’s building industry takes $370m hit

show how some of those decisions hit the construction industry, with the value of building commencements in the private education sector falling from more than $466 million in the first three months of 2020, to about $94 million in the last three months of the year, a plunge of nearly 80 per cent.

“This will have positive flow-on effects for the Victorian economy, and will help drive a property-led economic recovery,” Ms Hunter said.on the best way to get international students back into the country, with Victoria wanting to make space for a limited number of them within the existing arrivals cap, while Canberra wants caps increased to accommodate students.

“This includes putting long-planned infrastructure projects and capital works on hold where possible, as well as curtailing other discretionary expenditure,” Ms Jackson said.Start your day informed Our Morning Edition newsletter is a curated guide to the most important and interesting stories, analysis and insights. Sign up

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Fastest change in the world: coal’s demise sparks call for energy market reformsThe future of coal power is being buried under the rise of cheaper renewables and the Commonwealth’s energy adviser says urgent reform is needed for the transition.
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