THE Western Australian education sector is pinning its hopes on changes to the nation's visa system to help revive growth in the foreign student market.
UNCERTAINTY in the Australian international education sector hasn't stopped provider Navitas from delivering a $32.6 million profit after tax for the half-year to December 31, up 18 per cent on the previous year.
Global education services provider Navitas is continuing its international expansion, signing a 10-year agreement to manage an international student transfer program with the University of New Hampshire.
Global education services provider Navitas has announced yet another agreement with a college in the United States for a pathways program, its fourth in as many weeks, this time with the Univeristy of Massachusetts Boston.
NO matter which way you cut it, the 2008-09 financial year was a shocker for investors in local companies, with only 110 of the 730 or so Western Australian-listed companies managing a positive return of any sort.
THREE directors from global education services provider Navitas have pocketed a combined $18.6 million from the sale of more than 6 million shares following the release last week of another strong profit.
Churchlands-based education provider IBT Education Ltd increased its net profit after tax by 4 per cent in the 2006-07 financial year to $36.7 million, the comapny has announced.
Amid strong demand in the higher education sector, Perth-based IBT Education Ltd has grown its relationship with Macquarie University in Sydney via a new college in Sydney's CBD.
