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Tag Archives: Federal budget

4.7% HECS increase: Relief promised in budget

Treasurer Jim Chalmers on Monday said the upcoming May 14 budget will consider providing relief for university student financial issues such as unpaid placements and disproportionately increasing HECS-HELP debts. Latest inflation numbers released on Wednesday say HECS repayments will increase ...

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Clare flags university accord progress

Federal education minister Jason Clare will announce the details of the Australian Universities Accord, including its panel of “eminent Australians” and their terms of reference, next month. Speaking to the University Chancellor's Council last week, the minister said the bipartisan ...

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What the 2022 budget means for universities

Research was granted the bulk of university funding in Treasurer Josh Frydenberg's fourth budget last night. The Morrison Government’s $2.2b University Research Commercialisation Action Plan was announced in February, and is scheduled to roll out $1b over five years, with ...

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HECS debt blows out to $23b

The number of students in hoc to the federal government – and the debt – has never been higher. Australian university student HECS-HELP debt is the highest in history, currently more than $23 billion. The average debt per student is ...

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