Overseas students studying in Western Australia will receive unprecedented protection following the announcement of new laws today.
Education Minister Kay Hallahan said the new Education Service Providers Registration Act had been formally proclaimed giving strong financial protection to full fee-paying overseas students.
Mrs Hallahan said a booklet outlining registration procedures would be sent to all private education providers today.
"The new laws give the Government the power to require colleges to maintain special accounts into which student fees are paid," she said.
"These separate accounts protect student funds in the event of a college collapse and can be used to transfer students to a similar course at another institution."
Mrs Hallahan said the new laws would build confidence in the private education industry and maintain the State's reputation as a provider of quality education.
"The delivery of WA's education services to overseas students is a multi-million dollar industry. It is vital that overseas students have a positive and successful education experience while in WA to guarantee the State's high standing as an education service provider," she said.
The Minister said she would soon appoint an industry advisory committee to provide advice to the Government.