Senate debates

Wednesday, 30 November 2016

Bills

VET Student Loans Bill 2016, VET Student Loans (Consequential Amendments and Transitional Provisions) Bill 2016, VET Student Loans (Charges) Bill 2016; In Committee

6:24 pm

Photo of David LeyonhjelmDavid Leyonhjelm (NSW, Liberal Democratic Party) Share this | Hansard source

I have a number of questions that I would like to address to the minister before we consider any further amendments, mainly for information and to have some additional information on the record. Minister, your explanatory memorandum states that over the forward estimates period the measures in the loans program will have a cost, in underlying cash terms, of $13 million in administered funding and $58.6 million in combined administered and departmental funding. Can you therefore confirm that the bills will increase departmental expenses by $45 million over the forward estimates period?

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