House debates

Monday, 2 June 2014

Questions without Notice

Higher Education Contribution Scheme

2:56 pm

Photo of Kate EllisKate Ellis (Adelaide, Australian Labor Party, Shadow Minister for Education) Share this | | Hansard source

My question is to the Prime Minister: yesterday the education minister said that higher interest rates on student loans would not apply to current students. Prime Minister, is this correct?

Photo of Tony AbbottTony Abbott (Warringah, Liberal Party, Prime Minister) Share this | | Hansard source

From the middle of 2016, people will pay the long-term bond rate capped at six per cent.