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  • International students are work-ready for the summer

    The seminar was hosted by Immigration New Zealand (INZ) and the Central Economic Development Agency (CEDA), and targeted international students who have completed, or are studying towards, a Level 7 qualification and above. 

    Most of the attendees were Massey University PhD and Masters students from a range of fields, as well as UCOL students of graphic design, cookery, operations and project management, ICT, furniture design and science. 

    Judy Bennett-Smith, CEDA International Education Development Manager said the free seminar was the first in a series to be held locally, with the next one aiming to connect potential employers with skilled international tertiary students. 

    The seminar covered study-to-work visa pathway information and advice, tips on how to navigate the job market, how to present oneself to employers, information about New Zealand employment rights and even invited a former international student to share their experience.

    Philip Hastings, Relationship Manager at MBIE said the seminar was a great opportunity for students to talk directly with INZ representative about their work options.

    “With the increase in international tertiary students in New Zealand, it is important they have an understanding of the pathways to meeting post-study work visa and residency requirements,” Mr Hastings said.

    “Together with CEDA we aim to facilitate a series of study-to-work seminars in the Central North Island that are aligned with regional work shortages.”

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  • Impact of demonetisation on Indian student recruitment

    The government has implemented a deadline of 30 December for people to exchange the old currency notes at banks.

    In the student recruitment market, key impacts have already been felt:

    • There are maximum daily limits for banks to exchange money, which is creating delays in student loan processing for international students, and in Immigration New Zealand’s (INZ) ability to verify financial documents and process visas.
    • Study abroad has become more expensive but conversely, New Zealand has become relatively more cost effective as the Indian rupee has dropped more against the Euro and USD than the NZD and AUD.

    Longer term, the supply of ‘grey money’ to finance significant purchases will be reduced, including for education. This may impact study abroad numbers. However, student loan costs may fall as a reduction in overall money supply (some grey money will not be exchanged) will reduce loan interest rates and inflation. It’s too soon to tell the significance of these impacts, but it’s more likely that rural and agricultural cash-based regions such as the Punjab will be affected.

    ENZ’s Regional Director South, Southeast Asia and the Middle East, John Laxon, said the repercussions of this change are still playing out.

    “The changes are likely to result in some delays in Indian student applications over the next few months for all countries, while any significant longer-term impacts are still to be worked through,” said Mr Laxon.

    “We have provided an update to education agents to keep them informed of New Zealand’s student visa approach. We will monitor visa numbers with INZ and keep education providers updated,” added Laxon. 

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