Indian students who want to study in Australia will have to show at least savings of $24,505 from 1 October 2023 to be able to get a study Visa in Australia. Australia has increased the minimum bank balance requirement to get a study visa in Australia from the month of October for international students. As per the Ministry of home affairs of Australia, this step has been taken to ensure that the students who come to Australia do not indulge in unfair practices to earn money through part-time jobs. Recently Australia has altered its part time work rules for international students.