30% drop in first time visas on year till date for NZ is actually good. NZ visa increases during the last year was largely due to increased fraudulent financials and also extremely lax English proficiency requirements. Now that these two areas have been targeted, drop in student visa grants is but expected. I forecast a drop of 50% for the full calendar year. Actually a good and necessary development.
Actually true, It will help to sustain the New Zealand market for longer duration.