House of Representatives
Higher Education Legislation Amendment (Miscellaneous Measures) Bill 2015
Explanatory Memorandum
(Circulated by authority of the Minister for Education and Training,Senator the Honourable Simon Birmingham)Financial Impact Statement
Schedule 1 - Access to HELP for certain New Zealand citizens
The measure is estimated to lead to additional costs of $12.3 million from 2015-16 to 2018-19, in fiscal balance terms.
Schedule 6 - Research funding
The amendments in Schedule 6 of the Bill will allow for additional spending of up to $1,538.9 million from 2015-16 to 2018-19.
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