House of Representatives

Higher Education Support Amendment (Vet Fee-Help and Tertiary Admission Centres) Bill 2009

Explanatory Memorandum

Circulated By Authority of the Minister for Employment Participation, the Senator the Honourable Mark Arbib MP

FINANCIAL IMPACT

VET FEE-HELP measure

Total fiscal impact

08/09 09/10 10/11 11/12
$m $m $m $m
-5.210 -5.165 2.086 10.619

Note all figures represent net impact on fiscal balance. Negative figures indicate increased expenditure. Appropriations extend beyond the forward estimates period. These costs are based on the application of the provisions of the measure to Victoria. Should other States qualify for the measure in the future, the total impact of the measure will vary.

Tertiary Admission Centres measure

Nil financial impact.


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