Senate debates
Wednesday, 30 July 2025
Bills
Universities Accord (Cutting Student Debt by 20 Per Cent) Bill 2025; In Committee
11:45 am
Jess Walsh (Victoria, Australian Labor Party, Minister for Early Childhood Education) Share this | Hansard source
The bill before us reduces HECS debts by 20 per cent, and it's $16 billion out of the accounts of Australians who have a HECS debt. The way in which that will be provided for is through the budget, and it's a fully costed policy in the budget.
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