Explanatory Memorandum
Circulated By Authority of the Minister for Employment Participation, the Senator the Honourable Mark Arbib MPFINANCIAL 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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