For the first time, Australia has six universities in the top 100 of a prestigious international ranking, placing it third only behind the US and Britain. Monash University and the University of Sydney were the big winners, going from outside the top 100 to 79th and 82nd place respectively in the 2016 Academic World Ranking of World Universities. The University of Queensland cemented its position as the most rapid improver among Australia's top universities by lifting from 77th to 55th place, now beginning to challenge Australia's most highly ranked institution, the University of Melbourne (#40). Asian parents are heavily influenced by rankings in selecting universities for their children. University of Queensland vice chancellor said the result was incredibly good for Australia's higher education exports which are now worth $19 billion a year. Find out more.