Senate debates Bills

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


David Leyonhjelm

David Leyonhjelm NSW, Liberal Democratic Party

6:28 pm

Thank you, Minister. The regulation impact statement estimates that your proposal, the bill, will actually reduce annual regulatory costs over 10 years by $853,000. Is the regulatory saving generated by the fact that the proposal will reduce the size of the VET industry, with fewer providers and students?

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