Australia’s education exports have plunged by a third since the end of 2019. 

­Revenue from international students has dropped to $26.7 billion in the year to June, down from $40.3 billion recorded in calendar 2019.

Figures from the Australian Bureau of Statistics (ABS) show money has dwindled from a lack of international student spending on tuition fees, rent, travel costs and other living expenses.

The tens of thousands of international students who remain overseas and studying online spent over $4 billion on tuition fees in the past year.

International Education Association of Australia chief executive Phil Honeywood says the sector now faces a loss of reputation, as students are unable to enter the country for face-to-face study.

“Australia really needs to ­advertise an indicative date for ­resumption of face-to-face student enrolments so that new enrolments can recommence in a meaningful way,” he said.