This government is fond of comparing the economy to a household budget -- but there is one really major difference.
Tagged With budget 2014
You'd struggle to argue that this year's budget cuts to funding for CSIRO and universities are going to give Australia any kind of advantage in science. It seems that anti-science agenda could also have a direct impact on our ability to deal with online attacks.
Hey Lifehacker, As a recent university graduate I was a bit miffed by the Federal Government's proposed Budget changes to the indexation of HELP fees from CPI (around 2% per annum) to the Treasury Bond Rate (around 5.5% per annum) from 2016.
Changes in the 2014 budget mean that HELP repayments will be bigger and kick in sooner -- and studying for a PhD could now cost as much as $30,000. Emmaline Bexley from the University of Melbourne explains how the changes will hit students -- and potentially discourage research.
The first budget for the Abbott government is packed with broken promises and fiscal austerity. But whether you support it or hate it, it's going to make a difference to how you earn and spend your money. Here's what's changing (and when).