THE HON TANYA PLIBERSEK MP
DEPUTY LEADER OF THE OPPOSITION
SHADOW MINISTER FOR EDUCATION AND TRAINING
SHADOW MINISTER FOR WOMEN
MEMBER FOR SYDNEY
CHRIS BOWN MP
ACTING SHADOW MINISTER FOR SMALL BUSINESS AND FINANCIAL SERVICES
MEMBER FOR MCMAHON
UNIVERSITIES TO BE HIT WITH BILLIONS OF DOLLARS OF CUTS IN MYEFO
While we expect to see MYEFO confirm the Government’s income tax increases in the Budget, news today suggests that there will be a new attack on our universities.
This is shaping up as a double whammy mid-year budget - confirmation that taxes will be going up for low and middle income workers next year due to increase in the Medicare Levy and new Budget cuts to our universities.
As senior source was quoted in the AFR today “Things will have to be adjusted one way or another in MYEFO”.
Making things even more deceitful is these reports come just two days before the people of Bennelong go to the polls.
John Alexander and Malcolm Turnbull have a lot of questions to answer today.
How much money will be ripped from Macquarie University? Macquarie University is an institution with 40,000 students, many of whom reside in the Bennelong electorate. Macquarie University is also one of the largest employers in Bennelong, with 3,000 staff.
The people of Bennelong deserve to know the extent of these cuts before they vote on Saturday.
If John Alexander can’t look the people of Bennelong in the eye today and tell them exactly what cuts Macquarie university will suffer, then people should not vote for him.
We also expect MYEFO to confirm that more than 7 million low and middle income earners will see their taxes rise next year due to the Government’s medicare levy increase.
As it stands, the Government’s $65 billion big business handout is effectively funded from increases in the tax burden on low and middle income earners.
And now we find out that more cuts to our universities will also likely be used to help fund the Government’s big business tax cut.
This is a government with the wrong priorities. The wrong vision for Australia. Labor is the only party that will protect low and middle income earners and will properly fund our universities.