Melbourne Uni report confirms twice as long to repay HECS debts

New evidence backs in existing expert modelling showing the Abbott Government’s higher education changes will saddle students with massive debts, which some may never pay off.

The Melbourne Institute of Applied Economic and Social Research report predicts a doubling of the time required to repay HECS debts and warns that up to 40 per cent of women might never repay their HECS debt under the Government's proposal to charge a real rate of interest on HECS-HELP loans.

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Senate knocks back Abbott Govt's quick and dirty uni probe

The Senate today voted to send the Abbott Government’s retrograde higher education bill to an inquiry reporting on 28 October.

The Senate crossbench voted with Labor to reject the Government’s attempt to ram through a woefully inadequate inquiry to report on 22 September, opting instead to hold a proper inquiry.

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Doorstop interview, Canberra University

E&OE TRANSCRIPT
DOORSTOP INTERVIEW
CANBERRA UNIVERSITY
WEDNESDAY, 3 SEPTEMBER 2014

SUBJECT/S: Abbott’s Debt Sentence; Iraq; Tony Abbott’s broken promise on superannuation; Tony Abbott’s unfair Budget; Jobs

BILL SHORTEN, LEADER OF THE OPPOSITION: It’s great to be at the University of Canberra with my colleagues Shadow Minister Carr, we also have assistant Shadow Minister for Education Amanda Rishworth and of course Shadow Assistant Treasurer Andrew Leigh is also the local member here.

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Tony Abbott snubs his own science council

After one year in office, Tony Abbott has not once convened the Prime Minister’s Science, Engineering and Innovation Council (PMSEIC).

Last week, while visiting the Peter MacCallum Cancer Centre in Melbourne, Tony Abbott proclaimed: “This is a government which is dedicated to science.

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Budget tables confirm savage science cuts

Budget tables belatedly released today confirm the Abbott Government’s savage cuts to science, research and innovation.

The Australian Government’s Science, Research and Innovation Tables (SRI) for 2014-2015 show the Abbott Government is ripping almost $400 million from science, research and innovation funding in just one year.

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Mirabella’s spectre haunts Australian manufacturing

Australia’s manufacturing sector, already suffering a loss of confidence, would hardly be cheered by the latest half-hearted program furtively introduced by the Abbott Government.

The same hastily cobbled together program was pulled out of the hat by then Shadow Industry Minister Sophie Mirabella shortly before the election.

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Labor welcomes Chief Scientist’s report

Labor welcomes today’s release of the Chief Scientist’s report on Science, Technology, Engineering and Mathematics: Australia’s Future.

Professor Ian Chubb’s important report points out – not for the first time – that “Australia is now the only country in the OECD not to have a current national strategy that bears on science and/or technology and/or innovation” (p. 10).

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Labor urges separate bill for non-controversial higher ed measures

Labor will vote against the Higher Education and Research Reform Bill in its entirety.

Labor will not countenance a plan that would slash university funding, lead to $100,000 degrees, and impose a real interest rate on HECS.

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'No cuts to education' – one year on

A year ago today Tony Abbott promised no cuts to education.

 “I want to give people this absolute assurance, no cuts to education, no cuts to health, no changes to pensions and no changes to the GST.”

 TONY ABBOTT – ABC INSIDERS – 1 SEPTEMBER 2013

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Saving manufacturing by first killing it

Earlier this month the chief executive of the ANZ Bank, Mike Smith, gave Australian manufacturers the benefit of his wisdom on the country’s economic future.

Mr Smith said that the death of the car industry was an inevitable part of the transformation of the economy to meet the needs of the 21st century.

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