House debates Questions without Notice
Higher Education Contribution Scheme
Kate Ellis Adelaide, Australian Labor Party, Shadow Minister for Education
2:56 pm
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?
Tony Abbott Warringah, Liberal Party, Prime Minister
From the middle of 2016, people will pay the long-term bond rate capped at six per cent.