Scoop has an Ethical Paywall
Cabinet paper on student loan bill released
Wednesday, 20 December 2006
Cabinet paper on student loan bill released
Revenue Minister Peter Dunne today released a Cabinet paper on proposals that led to the introduction in November of the Student Loan Scheme Amendment Bill.
"I am releasing the Cabinet paper, for public information, because of general interest in the operation of the student loan scheme, and given the number of borrowers who will be affected by the changes proposed in the bill," Mr Dunne said.
"The main focus of the bill is on resolving problems with the operation of the student loan scheme in relation to borrowers who are overseas.
"The Cabinet paper provides background to government decisions on matters such as the extension of the amnesty on penalties, the new repayment rules, reduction of the penalty rate, the three-year repayment holiday, interest write-offs, adjustments to the hardship provisions, and allowing data matching between Inland Revenue and NZ Customs," Mr Dunne said.
The 16 October Cabinet paper is available at www.taxpolicy.ird.govt.nz.
ENDS
Gordon Campbell: On How US Courts Are Helping Donald Trump Steal The Mid-Terms
NZ National Party: Judith Collins’ Valedictory Speech
Forest And Bird: Government Biodiversity Credit Scheme Welcomed As Opportunity For Restoration
Office of the Ombudsman: Ombudsman Publishes Findings On Ministry Of Education Sensitive Claims Scheme
Nelson City Council: Mayor Welcomes Auditor-General Decision Not To Prosecute Councillor
Johnnie Freeland: Ko Tātou Tātou - Climate Action In Aotearoa Begins With Relationship
Zero Waste Network Aotearoa: Container Return Scheme Bill Would Double Recycling Rates And Put Money Back In Households
