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


Ogilvy welcomes Govt picking up UF tertiary saving

Tuesday, 16 November 2004

Ogilvy welcomes Govt picking up UF tertiary savings idea

United Future education spokesman Bernie Ogilvy today welcomed Prime Minister Helen Clark effectively adopting United Future policy on introducing voluntary long-term savings schemes for tertiary education,

Miss Clark signalled that the Government would look in that direction in addressing the Labour Party conference at the weekend.

Under questioning from Mr Ogilvy in Parliament today, Associate Tertiary Education Minister Steve Maharey confirmed that such a scheme was promoted by United Future in last year's Budget round and that it had received by far the strongest support of any issue in last year's Student Support: Discussion Document, with over half of submitters backing the idea.

"United Future has long been promoting a government-assisted savings scheme to help families put money aside for their children's tertiary education, and obviously we're very pleased to see Helen Clark starting to move in that direction," Mr Ogilvy said later.

He said such a scheme would go a long way to sparing future generations the huge burden of student loans.

"There were 418,761 borrowers with outstanding debt held by Inland Revenue at 30 June this year - up from 390,027 in 2003. How long will it take for them to repay their loans? Will this affect their decisions to buy a house, or have children?"

"New Zealand needs to look at real alternatives to the current scheme - such a savings scheme is one that gives families a real chance to help their children in the long term," Mr Ogilvy said.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>


With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>


Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>


Wellington: Predator Free Capital Plan

Wellington City Council (WCC), the Greater Wellington Regional Council (GWRC) and NEXT Foundation, today announced a joint collaboration to make Wellington the first Predator Free capital city in the world. More>>


Gordon Campbell: On Judith Collins’ Efforts At Self Correction

Thousands of prisoners currently in prison may be entitled to an earlier release than expected – and compensation – because Corrections has incorrectly calculated their term of imprisonment. Unless of course, the government buries its mistakes by changing the law and retro-actively getting itself off the hook… More>>


More Justice & Corrections

Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news