Nothing smart about cutting uni funding

Nothing smart about cutting uni funding

“There’s nothing smart about the Government’s plan to cut university funding in next week’s Federal Budget,” Mr Wilkie said.

“Australian universities are already underfunded by about $1bn a year and the Government’s efficiency dividend will just go and make the situation a whole lot worse.

“Moreover the decision to significantly reduce the HECS-HELP threshold from $55,000 to $42,000 puts it just above the minimum wage and will be an unreasonable burden on students. The reduced threshold will also be a disincentive to some people attending university in the first place.

“Yes universities cost a lot of money. But they are one of the most important building blocks of a modern knowledge economy and should be a priority for funding.

“This Government, like the Abbott Government, has its priorities totally out of whack. At the same time it’s cutting uni funding it’s determined to give a tax cut to big business and loan almost a billion dollars to help out a foreign company to build Australia’s biggest coal mine.”


Posted on

May 2, 2017

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