Australian Prime Minister Scott was in Jakarta to discuss a free trade agreement between Indonesia and Australia.
Lukas Coch/AAP
Under the free trade agreement, Australian universities will be able to have majority ownership of an Indonesian university.
Australia ranks 134 out of 138 nations in terms of access to foreign markets.
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Australia’s relatively small market size means it must rely more heavily on international markets to innovate.
The US and UK dominate the international education market in Asia – but this is likely to change.
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Political developments in the higher education sector in a number of Asian countries may threaten Australia’s billion-dollar education industry.
Australian universities should explore ways of working with Indian institutions.
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Australia will face stiff competition from other countries, such as the US and UK, so it must have a clear strategy for how to deepen its engagement with India’s higher education sector.