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Analysis and Comment (6)

Together with the government, the banking sector could play a role in easing the transition for mining workers. Tony McDonough/AAP

HECS for the unemployed: a finance answer to mining’s decline

A decade of strong mining revenue growth has seen workers disproportionately located in the “mining states” of Queensland and Western Australia. With mining investment now waning, workers drawn by in the…
The idea of adding student income support to their HELP debt has been floated, but student debt is already high. Shutterstock

Student debt costs are an obstacle to new student loans

A Grattan Institute report I co-authored highlights student debt costs, with the finding that the government could save $800 million a year by retrieving unpaid debts from deceased estates and students…
Potential changes to the ownership of student loan repayments could make reform of the system more complicated. Student loan image from

Don’t sell off HECS: reforming student loans could bring in real savings

According to the budget papers, Australian students and former students could owe the government more than $40 billion in unpaid Higher Education Loan Program debt by 2017. Unsurprisingly, HELP, formerly…
Education Minister Christopher Pyne has flagged the possibility of selling off Australia’s HECS debt to help raise funds for the government. Alan Porritt/AAP

Selling off the HECS debt could be a super solution

Education Minister Christopher Pyne has confirmed the government is considering securitising Australia’s HECS debt, and has referred the issue to the Commission of Audit. This has immediately attracted…

Columnists (3)

On the creation of higher education cartels

I love the free market. It means my morning cup of coffee costs roughly the same at almost all the coffee shops near campus. The free market is however ruthlessly efficient, even if it is largely responsible…

Research and News (3)