Opposition leader makes fresh nuclear pitch – as it happened
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The Greens senator Mehreen Faruqi will give notice of a private senator's bill she will introduce today aiming to halt the indexation on student loans and increase the repayment threshold to above the median wage.
Faruqi says it is one way which would help ease the cost of living burden on people with student debt:
Student debt is no small problem. About three million people in Australia have the burden of student debt.
At a time when the cost of living is biting hard, governments can no longer ignore the student debt crisis and its impacts.
What we have said all the time is that we want wages to grow, and we want them to stay growing. Not to have a short-term growth and then have at the expense of potentially higher unemployment.
So that's the first thing. The second thing is we've got to get an IR system that drives productivity. That's not about working harder for less, it's about working smarter. It's about creating the environment where people use new technology, where they innovate, where they share ideas, where they open new markets, where they have more skilled people.
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