House debates
Wednesday, 14 May 2014
Questions without Notice
Apprenticeships
3:01 pm
Ian Macfarlane (Groom, Liberal Party, Minister for Industry) Share this | Hansard source
I just restate the point that this is worth twice as much in the hand of the apprentices as the scheme it replaces—more than twice as much. In fact, the repayments under this scheme are less than a third of what they would be if they used a commercial loan. This government supports outcomes. By having a scheme that encourages young people in particular to complete their apprenticeships and get the full discount on the loan, we are ensuring that they have a long-term, viable future in the workforce.
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