The long-term presence of Navitas in Perth is a reminder of WA’s former place as a leader in the international education sector.

A lesson in complacency

Opinion: The government’s newfound interest in attracting foreign students to WA is welcome, but long overdue.


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Great article, Mark, absolutely spot on in every respect. I'm not sure the state government is for turning, though. You need to have the settings right to get private investment. By the time we correct the settings and then attract the investment, the next election will be upon us and Labor's first term will have been wasted in this regard.

The debacle over how we attract international students will be a case study for the next 100 years on how to get is wrong. The additional money international students contribute is what is creating growth across all capital cities in Australia, including Hobart and Adelaide. However, Perth on the same timezone, the closest city, and when I last looked out the window one of the most beautiful environments on the planet, is unable to articulate a simple but compelling message to come and study here. I have little confidence that a $2 million budget over five years will do the job; are we really orbiting the same planet? Oh, that's right, let's spend $200 million on extending the rail line from Armadale to Byford.

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Navitas (NVT)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 30/11/18

1 year TSR5 year TSR
98thNRW Holdings40%12%
221stMacmahon Holdings7%14%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$0 Bought
$21k Bought
$31k Bought
Total value as at the date of the transaction
Source: Morningstar


10th↑Macmahon Holdings$714.9m
11th↑NRW Holdings$685.4m
239 listed industrial companies ranked by revenue.
Source: Morningstar

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