IEL well bid today, volatility intraday though.As at...

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CbrMaroon

6,289 Posts.

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19/12/23

13:34

Post #: 71526885
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Originally posted by BLim89: ↑

Sorry not sure how to post with links but article is on AFR:

Excerpt below:
Indian students who graduate from certain degrees will be allowed to stay in Australia to work for up to four years despite recent moves by the federal government to clamp down on “permanent temporary migrants”.More than 400 education agents were briefed in Delhi by government officials on Wednesday that an existing free trade agreement with India signed by the Morrison government takes precedence over the Albanese government’s migration reforms announced on Monday.

Those reforms included increasing English-language requirements to qualify for a visa and far greater scrutiny of applications for student visas. The changes follow widespread rorting and abuse of the visa system by non-genuine students using study visas as a conduit to work.In September, there were 153,250 overseas students from India enrolled in a course in Australia, according to the Department of Education. About 50,000 could be eligible for the longer visas under the trade deal, according to Austrade estimates.The 46,600 individuals studying masters courses, who account for about a third of all Indian students, will be granted an extra year, and will be allowed to stay for up to three years. Around 1800 PhD graduates also get an extra year, taking them to four years.In general, overseas students who have finished their course can apply for a temporary graduate visa that allows them to stay and work in Australia for two years.As part of the migration strategy, Home Affairs Minister Clare O’Neil reversed a year-old decision to allow graduates in certain courses to stay and work in Australia for an additional two years.But the masters and PhD students from India, which represents the second-highest source country of foreign students after China, will be eligible for an additional year. The glitch is a result of a free trade agreement with India signed in April last year by then-trade minister Dan Tehan.

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IEL well bid today, volatility intraday though.

As at approximately 132 AEDT, IEL sp is $20.47 (up more than 3%) on a volume of about 1 million units traded on market.

Source = my broker's trading platform.

IEL Price at posting: $20.43 Sentiment: None Disclosure: Held
1 Upvote

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(20min delay)
Last $3.70		Change 0.000(0.00%)		Mkt cap ! $1.029B

Open	High	Low	Value	Volume
$3.73	$3.76	$3.68	$5.906M	1.591M

Buyers (Bids)

No.	Vol.	Price($)
6	1380	$3.70

Sellers (Offers)

Price($)	Vol.	No.
$3.74	18900	2

View Market Depth

No.	Vol.	Price($)
6	1380	3.700
5	45080	3.690
10	52384	3.680
5	16397	3.670
2	2000	3.660

Price($)	Vol.	No.
3.740	18900	2
3.750	21241	4
3.760	5434	2
3.770	2800	1
3.790	10000	1

Last trade - 16.10pm 28/07/2025 (20 minute delay)

IEL (ASX) Chart

IEL well bid today, volatility intraday though.As at...

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IEL well bid today, volatility intraday though.As at...

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