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Posted

Companies who make profits in Australia often have overseas shareholders.

I reckon if you compare remittances to the money going overseas to those shareholders, it'd be a drop in the bucket.

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  • 2 weeks later...
Posted

Here's a thing. Following th disaster in Nepal a few Nepalese residents of Australia have flown back to Nepal to search for relatives. One chap is reported to have hire a helicopter to use somehow. Makes me wonder how these people manage to stack away the ready money to do trips back and forth. I've got to save up the money to pay for the petrol to to go see my kids.

  • 2 weeks later...
Posted

If they reduce the number of overseas students, they will increase the uni fees for Australian students.

 

My daughter is a former student at Deakin University and says Australian students pay discounted fees because foreign students paying full fees fund the universities. Take away the foreign students and the universities will have to get their funding elsewhere - Australian students or Australian taxpayers through government funding.

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