Second Reading Speeches

Higher Education Support Legislation Amendment (A More Sustainable, Responsive and Transparent Higher Education System) Bill 2017

Type
Government
Portfolio
Education and Training
Originating house
House of Representatives
Status
Not Proceeding
Parliament no
45

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Summary

Amends the:

Higher Education Support Act 2003
to: increase the maximum student contributions by 1.8 per cent for four years from 2018; adjust the Commonwealth contribution amounts from 2018 to 2021 to reflect the increased student contribution amounts; apply an efficiency dividend of 2.5 per cent per annum to grants under the Commonwealth Grant Scheme (CGS) in 2018 and 2019; extend the medical student loading to include veterinary science and dentistry units of study from 2018; expand the demand driven funding system to include approved sub-bachelor courses at public universities from 2018; require enabling course students to pay a student contribution amount for any units of study with census dates on or after 1 January 2018; allocate enabling courses on a cyclical basis through a three-year tender process from 2019; introduce performance-contingent funding under the CGS; reduce the Higher Education Loan Program minimum repayment income to $41 999 and replace the current repayment thresholds with new ones, including additional repayment thresholds and rates; index repayment thresholds to the consumer price index rather than average weekly earnings; restructure the Higher Education Participation and Partnerships Program to include new student loading for students from low socioeconomic backgrounds, annual performance funding and grants for a National Priorities Pool; and make minor and technical amendments;
Income Tax Assessment Act 1997
to make consequential amendments; and
Higher Education Support Act 2003
and
VET Student Loans Act 2016
to: extend access to student loans to most Australian permanent residents and most New Zealand citizens while removing their entitlement to a Commonwealth supported place from 1 January 2018; and preserve current eligibility arrangements for several cohorts.