The education industry is big business in Australia, but where exactly are these lucrative students coming from? Are Australian students venturing abroad as much as we are welcoming others from around the world? Data shows that a huge majority of incoming students originate from Asia, with nine out of the top ten countries sending students being Asian. These students tend to come to enjoy generous visa conditions, prospects of future employment, geographic proximity and safe and high standards of living. On the other hand, the destinations of Australian students are much less Asia-centric. Led by the USA and followed by European countries, our students are not as focussed on our regional neighbours. Whilst cultural and political ties may have lured Australians to America and Europe as traditional study destinations, this equilibrium is shifting. With government initiatives such as the Colombo Plan, the number of Australians studying in Asia is on the rise. If this trend continues the exchange of students between Australia and its regional partners will become more so a two-way street.