Across multiple outlets, reporting says tertiary institutions in the state collectively earn about $5 billion in revenue from international students. The articles present this figure as a significant contribution to universities’ income and overall higher-education funding. While the reporting focuses on current earnings, it also highlights concerns from experts about how long the revenue stream may continue. The questioning centres on uncertainty around future international student demand and the factors that can affect enrolments, such as policy settings, global mobility conditions, and broader economic conditions for prospective students. The outlets do not present a single confirmed cause for any potential decline, but they frame the $5 billion figure alongside the prospect that international-student income could become less reliable over time. Overall, the sources agree on the headline number—$5 billion in international-student revenue generated by the state’s tertiary institutions—and on the existence of expert reservations about the durability of that income.