Coalition to compromise on university reforms
Advertisement

The Abbott Government’s attempt to overhaul Australia’s university system have hit a pot-hole, with the Coalition considering watering-down some key facets of its reform program in order to ensure its passage through the Senate.
In the May Federal Budget, the Government announced that it would cut-back funding to universities by 20%, deregulate (raise) university fees, and apply a real interest rate to student debts (pegged to the 10-year government bond rate) – moves that would significantly raise the costs of attending university.
Advertisement
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.