The federal government has announced plans to change the way debts are indexed. But it may not help students over the long term.
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Articles on indexation
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Unemployment and related payments for working-age people were given a welcome boost in last year’s budget. But they remain well below pensions, and far from adequate.
The indexation of student debt is arguably the federal government’s biggest political problem when it comes to universities.
Adjusting tax brackets in line with inflation would ensure voters who wanted more government spending would also have to vote for more tax.
The end of the controversial indexation freeze and retention of the news gathering program do not make up for the massive cuts already inflicted on the national broadcasters.
The ACTU has proposed Australia adopt a “living wage”. This might improve the incomes of some people, but it wouldn’t solve “working poverty”.
Australia’s rising number of pensioners leaves the government conflicted on pensions and how they are indexed.
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Professor in the Practice of Higher Education Policy, Australian National University
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Senior Lecturer in Employment Relations and HRM, University of Newcastle
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Senior Lecturer in Management, The University of Melbourne
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Professor, Crawford School of Public Policy, Australian National University
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PhD candidate, University of Sydney
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Associate Professor, Journalism, RMIT University
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Professor of Economics, University of Canberra
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Professor of Economics, UNSW Sydney
