Mainland students graduating from Australian universities now far outnumber those from any other country, according to the latest figures released by the federal Education Department.
This is the second year mainland students have dominated graduation figures in Australia following a lowering of immigration barriers. Malaysia previously held the top spot.
Almost 10,500 mainland students who had been studying onshore in Australia graduated from the nation's universities in 2005 - a 50 per cent increase on the previous year, the figures show.
Another 3,330 Hong Kong students were also awarded degrees, although they were far outnumbered by students from India - the second-largest group of onshore students with more than 5,700 graduating.
Over the past five years, the number of foreign fee-paying students qualifying for Australian degrees after studying either in Australia or their home countries has almost doubled and now exceeds 70,000 a year.
Yet in 2001, the number of on-campus overseas students who graduated amounted to only 27,000 and a further 14,000 completed their courses offshore.