Lifestyle

Tradies upfront course fees working towards extinction

CQUniversity vice-chancellor Scott Bowman sees positives in the Federal Budget 2014
CQUniversity vice-chancellor Scott Bowman sees positives in the Federal Budget 2014

THE days of tradies scratching for cash to pay for TAFE course fees upfront are working their way towards extinction.

CQUniversity vice-chancellor Professor Scott Bowman, while discussing the impacts of the Federal Budget 2014, highlighted this development as one of the positives for future CQUniversity students as the university merges with CQ TAFE on July 1.

Prof Bowman said under the changes, people wanting to get certificates in trades would be able to get a student loan like the current HELP/HECS system, paying their fees only after they started earning over the threshold amount.

"I think it is a good indication that trades training is being recognised as equal to university education," Mr Bowman said.

The government's 'earn and learn' policy has raised the age at which people can go from Youth Allowance to Newstart allowance.

"TAFE could benefit from that," Prof Bowman said.

"People will be more inclined to go into training to get a job."

The HELP/HECS threshold was also changed in the budget, decreasing the amount by just under $3000.

"Still, you are not going to pay it back until you are on a good salary," Mr Bowman said.

Other changes include the Federal Government reducing its contribution to course fees by an average of 20% and de-regulating course fees, allowing universities to charge what they wanted.

"Universities are going to review their fees because there will be a reduction in funding," Prof Bowman said.

"We are going to have to make up the shortfall. Other universities will look at this as an opportunity to hike up their fees.

"I don't think we will be a university that will do that."

He said CQUniversity had lower fees than others, but was working on a reputation of being a 'real value for money' education organisation with great job uptake rates and high starting salaries for graduates.

Mr Bowman said another positive in the budget was the $10,000 grants available to businesses who employ people aged over 50, unemployed for more than six months, and skill them up with training and certificates in that particular industry. 

"We would all like to go back to a day where people didn't pay for university. That was a time where only 5-10% of people were going to university," he said.

Mr Bowman said with changes in society and the workforce, including more jobs being more technological, the rate of people going to university was up to 40% these days.

"We can't afford that (free university) as a nation."

He said while there had been cuts to research, they were no where near as big as he thought they would be.

"The Collaborate Research Infrastructure Scheme is going to be funded. That's very good for us," Mr Bowman said.

On the budget overall

"I thought it was a good budget," Mr Bowman said.

"I don't think we have any kind of debt crisis, but we need to do anything we can to stop us from getting into a debt crisis.

"I think it's going to be tough for all sections of society, but for some families, particularly in the middle income part, it will be tough."

Changes

  • For 2013-14 income year, the compulsory repayment threshold is $51,309. 2014-15 = $53,345. From July 1, 2016 = $50,638
  • De-regulation of university fees in 2016
  • Reduction in funds from the Federal Government for courses
  • Student loans for all studying diplomas, advanced diplomas and associate degrees

Topics:  cquniversity federal budget 2014 hecs jobs news t20



How to do Eat Street the right way

EVERYTHING you need to know to get the most out of your Eat Street experience and to avoid a food coma when you’re only one stall deep.

Don’t go chasing waterfalls…find them on these drives!

The Scenic Rim is just one place nearby that you'll love.

BRISBANE isn’t all bright lights and city slickers.

Science Festival seriously awesome

Don't miss the World Science Festival Brisbane!

CALLING everyone who wants to see something totally cool.

Drink where the cool kids do this summer

There are a bunch of new bars open in Brisbane, make sure you're there!

CHECK out these new funky bars.

Discover Brisbane’s laneway gems

Brisbane's laneways will surprise you.

NOT all of Brisbane City is as it seems…

Top five things to experience this summer in Brisbane

Tangalooma is amazing if you're keen for a dive, kayak or swim.

THIS summer get out and explore your capital city.

Your boots are made for walking these tours

Brisbane Greeters tours are a great way to learn the local history of the city.

YOU don’t need a bike or bus for a seriously good tour of Brisbane.

Facebook stars: Coast butchers surprised by 'insane' support not to cut penalty rates

Yeppoon Central Meats has gained big community support by vowing not to cut staff penalty rates.

Facebook post supporting workers delivers massive support

'Stabbing pain': Worker sacked after biting apple, crashing monster truck

ENDLESS JOBS: A massive Central Queensland FIFO-base for Adani's $21 billion mine is expected to flood bring 1500 jobs.

MINE worker blames apple that broke tooth for monster truck crash.

Busby Marou debut at #1 on ARIA charts

The boys Jeremy Marou and Thomas Busby celebrate their ARIA #1 with manager Josh Jones

The CQ band beat out artists such as Adele and Ed Sheeran

Local Partners

Un-American tale makes Lion weakest link in Oscars line-up

PSYCHOLOGY researchers find US films and actors most likely to win accolades at the Oscars.

Can rightful winner Midnight take out golden Gosling in Oscars?

Can Lion pip La La Land at the post in this year's Oscars? Sunny Pawar (pictured) helped bring a powerful film to the big screen.

WILL Aussie film Lion triumph or will popular La La Land prevail?

Living End, Grinspoon stars hit stage for American Idiot

Chris Cheney of The Living End stars in the Australian production of Green Days musical American Idiot at Brisbane's QPAC Theatre.

TAKE a look behind the scenes of Green Day's American Idiot musical

Samuel L Jackson dismisses La La Land ahead of Oscars

Ryan Gosling and Emma Stone in a scene from the movie La La Land.

Hollywood actor and Oscars voter says Denzel should win top gong

Live performance of Sci-fi classic to open Science Festival

Qld Symphony Orchestra perform live to 2001: A Space Odyssey.

Festival will host A Live Presentation of 2001: A Space Odyssey.

'Why we drove 800km to buy a treehouse with a disco ball'

The new owners have planned a few updates, but will stick with much of the original design.

A couple travelled almost 800km for the home of their dreams.

The trick homeowners are using to buy more properties

Chantelle Subritzky leaves her home each week for Airbnb guests.

Queenslanders are going down this path to help pay their mortgages

Stunning home blends South Pacific beauty with Orient style

Immaculate residence with two outdoor living areas

$140k damage: landlord says property trashed, contaminated

He had what he calls "the tenants from hell"

Submarine, buses and 3000 tyres removed in $100K clean up

The list of things removed from this property is beyond astonishing

Ready to SELL your property?

Post Your Ad Here!