Michaelia Cash (WA, Liberal Party, Minister for Employment, Skills, Small and Family Business) Share this | Hansard source

The former Labor government, as we know, were the architects of the greatest damage ever on the vocational education and training sector in Australia. They implemented, in Labor policy wisdom, the failed VET FEE-HELP scheme. What did that scheme do? It saw billions of dollars defrauded from vulnerable students, who were simply trying to attain a qualification to better their employment prospects. Colleagues, to date, the Australian taxpayer has now recredited in excess of $2 billion because of Labor's VET FEE-HELP failure. In fact, in South Australia, around 8,500 students to date—because there will be more—have had their funds recredited. Senator Watt, 38,000 students in Queensland have had to be recredited because of Labor's failed VET FEE-HELP policy.