How much did University of Tasmania earn in revenue from international students in the peak of the pandemic?

The State lost a quarter of its international student revenue.

Analysis

• University of Tasmania earned $97,758,000 in revenue from fee paying international students in 2021 at the height of the pandemic.

• This presented a 24.9% reduction from the previous year ($130,101,000 in 2020).

• University of Tasmania has an annual growth rate of 7.5% in this market segment from 2008 to 2021.

• While the growth is positive, it is lower than than the sector’s long run average.

• This means University of Tasmania is slowly ceding market share to other universities over the long term economic cycle.

Notes

• Revenue data is sourced from Department of Education

• CAGR and market share figures are calculated from nominal revenue data quoted in Australian dollars