International student enrolments will be capped at 270,000 in 2025, as the government aims to make the system "fairer".
The government is paring back student visas in an effort to get net migration levels under control and return them to pre-pandemic levels.
Education providers have expressed concern that caps will lead to both job and revenue losses. In 2022, universities collected about $8.6 billion of their $34.7 billion in revenue from international students.