VET Student Loans Bill 2016

Type
Government
Portfolio
Education and Training
Originating house
House of Representatives
Status
Assent
Parliament no
45

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Summary

Part of a package of three bills to replace the VET FEE-HELP loan scheme with a student loans program, the bill: provides that student loans are approved only for eligible students for approved courses; limits course eligibility for loans through a courses and loan caps determination; imposes stronger eligibility requirements for qualification as an approved course provider; bans providers from using brokers or agents to interact or engage with students in relation to the loans; and provides for monitoring and investigations powers and enforcement powers such as civil penalties, infringement notices, enforceable undertakings and injunctions.

Progress

House of Representatives
Introduced and read a first time 13 Oct 2016
Second reading moved 13 Oct 2016
Second reading debate 18 Oct 2016
Second reading debate 19 Oct 2016
Second reading agreed to 19 Oct 2016
Consideration in detail debate 19 Oct 2016
Third reading agreed to 19 Oct 2016
Senate
Introduced and read a first time 07 Nov 2016
Second reading moved 07 Nov 2016
Second reading debate 09 Nov 2016
Second reading debate 24 Nov 2016
Second reading debate 30 Nov 2016
Second reading agreed to 30 Nov 2016
Committee of the Whole debate
  • Amendment details: 25 Government agreed to
  • Requests details: 4 Opposition agreed to
30 Nov 2016
Bill agreed to, subject to requests 30 Nov 2016
House of Representatives
Consideration of Senate message
  • Details: House did not make Senate requested amendments
01 Dec 2016
Senate
Consideration of House of Reps message
  • Details: Senate did not press its requests for amendments
01 Dec 2016
Third reading agreed to 01 Dec 2016
Finally passed both Houses 01 Dec 2016
Assent
  • Act no: 98
  • Year: 2016
07 Dec 2016

Documents and transcripts

Text of bill

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Explanatory memoranda

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Proposed amendments

House of representatives

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Senate

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Schedules of amendments

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Bills digest

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Notes

Helpful information

Text of bill

  • First reading: Text of the bill as introduced into the Parliament
  • Third reading: Prepared if the bill is amended by the house in which it was introduced. This version of the bill is then considered by the second house.
  • As passed by both houses: Final text of bill agreed to by both the House of Representatives and the Senate which is presented to the Governor-General for assent.

Explanatory memoranda

  • Explanatory memorandum: Accompanies and provides an explanation of the content of the introduced version (first reading) of the bill.
  • Supplementary explanatory memorandum: Accompanies and explains amendments proposed by the government to the bill.
  • Revised explanatory memorandum: Accompanies and explains the amended version (third reading) of the bill. It supersedes the explanatory memorandum.

Proposed amendments

Circulated by members and senators when they propose to make changed to the bill. For details about the outcome of proposed amendments please refer to either theĀ Votes and Proceedings (House of Representatives) or the Journals (Senate).

Schedules of amendments

Schedules of amendments list amendments agreed to by the second house are communicated to the first house for consideration. Subsequent action by either house may also be included in a schedule.