MEDIA RELEASE: LIBERALS CONFIRM UNI STUDENTS TO PAY FOR $50 BILLION BIG BUSINESS TAX CUT

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THE HON TANYA PLIBERSEK MP
DEPUTY LEADER OF THE OPPOSITION
SHADOW MINISTER FOR EDUCATION
SHADOW MINISTER FOR WOMEN
MEMBER FOR SYDNEY 

TERRI BUTLER MP
SHADOW ASSISTANT MINISTER FOR PREVENTING FAMILY VIOLENCE
SHADOW ASSITANT MINISTER FOR UNIVERSITIES
SHADOW ASSISTANT MINISTER FOR EQUALITY
MEMBER FOR GRIFFITH

 

LIBERALS CONFIRM UNI STUDENTS TO PAY FOR $50 BILLION BIG BUSINESS TAX CUT

 

Last night, the Liberals confirmed they will jack up student fees and cut uni funding to pay for a $50 billion big business tax cut.  

 

The Liberals have their priorities all wrong.

 

Malcolm Turnbull should not be asking students to foot the bill for his $50 billion tax cut for big business and the banks, especially given company profits soared 65 per cent last year.

 

Labor doesn't want young Australians saddled with a big uni debt at the same time as they are trying to buy a house, or start a family. 

 

If Australia is to have a strong, high productivity economy, we should be investing in education, not cutting it like the Liberals are doing.

 

In Government, Labor lifted overall investment in unis from $8 billion a year in 2007, to $14 billion a year in 2013.

 

labor invests in education because we believe there's nothing better for our society, or our economy, than well educated, well trained Australians in a good, well paid jobs.

 

The Liberals have spent around $4.5 million on 27 reviews, inquiries, and talkfests on higher education.  All they've come up with is plan for higher student fees and cuts to unis.

 

Labor welcomes the news that the Liberals apparently won't proceed with the deregulation of uni fees. For years now we have been calling on them to abandon fee deregulation, as have students, academics, and many others. 

 

But the truth is that the Liberals have simply shelved their plans, not dropped them. The Liberals haven't changed their minds on fee deregulation.  They just know they won't get their plans through the Senate.  While the Liberals remain in government, the deregulation of uni fees will always be on the table.  

 

TUESDAY, 2 MAY 2017