House debates Bills
Student Loans (Overseas Debtors Repayment Levy) Bill 2015; Second Reading
Christopher Pyne Sturt, Liberal Party, Leader of the House
9:33 am
I move:
That this bill be now read a second time.
Today I introduce the Student Loans (Overseas Debtors Repayment Levy) Bill 2015.
This bill will require Australians living overseas who have a Higher Education Loan Program or trade support loan debt to repay their loans in line with the obligations that apply to Australian based debtors. Repayment obligations will only commence once the individual reaches the minimum repayment threshold. This bill will strengthen both the legislative basis for the program and the capacity of the Australian Taxation Office to collect this debt through the current tax administration arrangements. I commend the bill to the House.
Debate adjourned.