Australia raises minimum savings for student visa, warns on fake recruitment

The Sydney Opera House and city centre skyline are seen in Sydney, Australia, February 28, 2020. REUTERS/Loren Elliott/File Photo

SYDNEY (Reuters) - Australia said on Wednesday it would raise the amount of savings international students will need to get a visa and warned several colleges of fraudulent student recruitment practices, as part of efforts to rein in record migration.

From Friday, international students must show proof of savings of at least A$29,710 ($19,576) to get their visa, the second increase in about seven months. It was raised to A$24,505 from A$21,041 in October.