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

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Building industry leaders say knock-on effects from locking out foreign students because of the coronavirus pandemic is keeping 13,000 Victorians out of construction work. | noeltowell

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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