Senate debates

Wednesday, 2 December 2015

Bills

Higher Education Support Amendment (VET FEE-HELP Reform) Bill 2015; In Committee

9:52 am

Photo of Simon BirminghamSimon Birmingham (SA, Liberal Party, Minister for Education and Training) Share this | Hansard source

Just for clarity, Senator Carr: it is around 264 providers, I believe, and the total freeze is expected to be a value of around $3 billion when the sums are finally calculated. As we have all discussed during the debate, the very rapid growth that occurred after the changes that opened the scheme up occurred in 2012, which is exactly why we are seeking to stymie that growth. It is a relatively straight formula that is being applied here, so the expectation is that—whilst anybody is, of course, free to seek to bring forward court proceedings—the grounds on which somebody may wish to pursue those proceedings would have some limitations, given the very clear and prescriptive formula that we are seeking for the parliament to apply.

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