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Student Loan Changes Progress

The Student Loan Scheme Amendment Bill passed it second reading by 107 to 14 with Greens and the Mana Party opposing.

The bill amends the scheme to shorten the repayment holiday from three years to one year and require borrowers to apply for a repayment holiday. It also requires people taking out loans to leave a third persons contact details with IRD.

The Regulatory Reform Bill and Regulatory Reform (Repeals) Bill completed their second reading stages.

The Bills amend 13 Acts and repeal 31 Acts, some as old as 1885, to either reduce compliance costs, make inconsequential amendments or remove out of date legislation.

The repeal bill passed on a voice vote, the amendment bill passed by 107 to 14 with the Green’s opposing.

The Greens said they supported most of the bill but parts were repealing some regulations (including those concerning concessions on the Conservation estate) that were desirable.

MPs began the third reading debate of the Customs and Excise Amendment Bill and Biosecurity Amendment Bill which were formerly part of the Customs and Excise (Joint Border Management Information Sharing and Other Matters) Amendment Bill.

** is a breaking news source for New Zealand parliamentary business featuring broadcast daily news reports.

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