Workers could take a 10% pay cut on the condition it’ll be paid back when conditions improve.
Articles on income contingent loans
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Income-contingent loans could ensure people and businesses get financial relief now, and there is less long-term risk for the government.
The HECS revolution remains seriously incomplete because it does not extend to many parts of the vocational education and training sector - which still suffers from the scourge, hostility and unfairness of upfront fees.
A decade of strong mining revenue growth has seen workers disproportionately located in the “mining states” of Queensland and Western Australia. With mining investment now waning, workers drawn by in the…
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Emeritus Professor, College of Business and Economics, Australian National University
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Associate Professor, Research School of Finance, Actuarial Studies & Statistics, Australian National University
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Associate Professor of Economics, University of Technology Sydney
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Professor of Ecological Economics, UCL
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Professor of Economics, Australian National University
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Distinguished Professor of Economics and Public Policy, ANU Centre for Applied Macroeconomic Analysis (CAMA), Crawford School of Public Policy, Australian National University