Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Dunne: Govt not facing student debt debacle


Dunne: Govt not facing student debt debacle

- time to look at bonding, parental savings schemes

The 2000 New Zealand doctors who have left the country in the past five years have done so in a huge number of cases because of this country’s seriously flawed student loan scheme, United Future leader Peter Dunne said today in proposing parental savings schemes with government contributions, and employment bonding.

“This country cannot continue to sit on its hands and watch the debt burden on our young people grow billion by billion,” Mr Dunne said.

“As it does so, it crushes dreams and aspirations, from home-buying to when they can afford to start to raise the families that New Zealand needs for its future.

“And it is very clear that this Government does not want to face this issue.

“Blanket denials and fatuous comparisons with other countries from Trevor Mallard on the doctor issue just don’t wash. Student debt is doing enormous damage to the future of this country and needs to be looked at,” Mr Dunne said.

“Today the headlines are all about doctors, but away from those headlines there are other young New Zealanders who are loaded down with debt before they even set out in life,” he said.

One of the most immediate steps the Government could take is some form of bonding in key professions, Mr Dunne said

“Essentially, along the lines of working off accrued student debt by working in New Zealand for a set number of years after graduation. It would help keep talented and able, contributing young New Zealanders here, and benefit them.

“And in the current saga over doctors, the irony is that Australia is facing precisely the same issue of retaining its professionals.

“In the longer term, we need to take a more creative approach.

“Rather than have young New Zealanders mortgaging their futures, a voluntary scheme where parents, with government contributions, could begin small savings schemes upon the birth of a child, would make far more sense, and be of far greater benefit to the country.

“And the long term is something governments have not been good at addressing. The fall-out from student loans is proof of that,” Mr Dunne said.


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Werewolf: What Does Winston Peters Want His Legacy To Be?

A lot of people in New Zealand seem to resent Winston Peters and the power that he appears to have. “Appears” being the operative word. In reality, Peters will have power only up to the point that he uses it.

By next week, he’ll have become just another junior player in an MMP governing arrangement, battling to hold onto the gains he was promised. More>>

 

Rising Toll: Road Safety Needs To Be A Higher Priority

Official advice released to the Green Party under the Official Information Act shows that the previous National Government dismissed an option to make road safety its most important transport priority after being told the road toll was rising. More>>

ALSO:

Wellington.Scoop: Arrests At Blockade Of "Weapons Expo"

“We encourage people in Wellington to get down to the Westpac Stadium now for a day of awesome peace action. There will be plenty of food, music and activities to keep us sustained through the day.” More>>

ALSO:

Rorschach Restructuring: PSA Taking Inland Revenue To Court Over Psychometrics

The Public Service Association will be seeing Inland Revenue in Employment Court over its intention to psychometrically test employees reapplying for their roles at the department as part of its controversial Business Transformation restructuring plan. More>>

ALSO:

Nuclear Disarmament: Nobel Peace Prize 2017 Awarded To ICAN

Congratulations from iCAN Aotearoa New Zealand to international iCAN, the other iCAN national campaigns and partner organisations, and the countless organisations and individuals who have worked so hard for a nuclear weapons-free world since 1945. More>>

ALSO:

Expenses: Waikato DHB CEO Resigns

An independent inquiry has identified that Dr Murray had spent more than the agreed $25K allocated for relocation costs, and other unauthorized expenses involving potential financial breaches of the chief executive’s obligations. More>>

ALSO:

Wellington.Scoop: Sad About The Trolley Buses?

The Regional Council’s MetLink is today spending money to tell us that it really loves Wellington’s trolley buses, even though they’re all being taken off our roads by the end of this month. More>>

ALSO:

Post-Election: Preliminary Coalition Talks Begin

New Zealand First will hold post-election preliminary discussions in Wellington with the National Party tomorrow morning and the Labour Party tomorrow afternoon. More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election