AUSTRALIA'S export education industry can grow by 30 per cent to 520,000 international students, spending $19 billion to study at Australian universities by the end of the decade.

The finding is in a new report for the federal government by a committee chaired by National Australia Bank chairman Michael Chaney.

However it warns that while growth is possible if universities “moves up the value chain” and attract more students to their overseas campuses competition will intensify.

International students make up 20 per cent plus of Australian university enrolments while the comparable figure in the United States is just 3.5 per cent. New Asian competitors teaching in English, notably Malaysia, are also emerging. In combination with online providers, known as MOOCs (massive open online courses), competition could create a global oversupply of places
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