Government 'own-goal' on uni fees: Labor

Labor has accused the federal government of a own-goal after the Parliamentary Budget Office predicted student loan debt will blow out to $11 billion.

Federal Shadow Minister for Finance Tony Burke

Federal Labor is taking aim at government plans to deregulate university fees. (AAP)

Federal Labor has seized on a report that warns of a blowout in student loans, taking aim at government plans to deregulate course fees.

A Parliamentary Budget Office analysis predicts the cost of student debt will climb to $11 billion within a decade, as total exposure reaches $185 billion.

Opposition finance spokesman Tony Burke conceded the figures also take into account Labor's decision to open up loans to vocational education, but told ABC radio on Thursday it was a "bizarre own-goal" by the coalition whose fees proposal increased debt instead of saving money.


Share
1 min read

Published

Source: AAP


Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world
Government 'own-goal' on uni fees: Labor | SBS News