Mehreen Faruqi (NSW, Australian Greens) Share this | Hansard source

by leave—I move Greens amendments (1) to (3) on sheet 2949 together:

(1) Clause 2, page 2 (table item 2), omit "Part 1".

(2) Clause 2, page 2 (table items 3 to 6), omit the table items.

(3) Schedule 1, page 4 (line 1) to page 28 (line 10), omit the Schedule, substitute:

Schedule 1 — Ending HELP indexation

Higher Education Support Act 2003

1 Subsection 140-5(1)

Repeal the subsection (not including the method statement), substitute:

(1) A person's former accumulated HELP debt, in relation to the person's *accumulated HELP debt for a financial year, is the amount worked out using the following method statement:

2 Sections 140-10 and 140-20

Repeal the sections.

3 Subclause 1(1) of Schedule 1 (definition of HELP debt indexation factor )

Repeal the definition.

4 Application of amendments

The amendments of the Higher Education Support Act 2003 made by this Schedule apply in relation to a person's *accumulated HELP debt for a financial year that begins on or after 1 July 2025.