The changes for tertiary students are so small (even smaller than the so called tax cuts) that they barely come to $15 million/year.
It is interesting that the Government is raising the income threshold for which students can earn money, but not raising the parental income threshold. Was chatting about this issue with a group of students two weeks ago as to what they would prefer.
Almost all of them said an increase in the parental threshold, as they don’t want to be working so many hours that their studies are affected.
Just think – one could almost abolish parental means testing all together, with the money that has been funnelled into sub-degree courses which students don’t even have to turn up to.