Summary: Shares of student accommodation operator Wee Hur hit a record high following Australia’s announcement to lift its foreign student cap in 2026. The Australian government plans to raise the cap by 9% to 295,000 students, prioritizing applicants from Southeast Asia. Wee Hur, with eight facilities in Australia, benefits from the policy clarity, which allows for the acceleration of their pipeline and ensures international education growth is supported by purpose-built infrastructure.

Link: https://www.businesstimes.com.sg/companies-markets/wee-hur-jumps-6-5-record-high-australia-lifts-cap-foreign-students