'All acts of escalation are condemnable and must stop', said the spokesman for the Secretary-General
world1 week ago
Australian Prime Minister Anthony Albanese said on Sunday that his government planned to cut student loans for around three million Australians by 20%, wiping off around A$16 billion ($10 billion) in debts.
The move builds on May's budget, which attacked cost of living pressures in Australia and gave debt relief for students, as well as more investment to make medicines cheaper, and a boost to a rent assistance programme.
"This will help everyone with a student debt right now, whilst we work hard to deliver a better deal for every student in the years ahead," Albanese said in a statement announcing the cut to student loans for tertiary education.
The changes would mean the average graduate with a loan of A$27,600 would have A$5,520 wiped, the government said, adding that they would take effect from June 1, 2025.
The government said it already planned to cut the amount that Australians with a student debt have to repay per year and raise the threshold to start repayments.
If reelected at the next general election, due in 2025, Labor would also legislate to guarantee 100,000 free places each year at the country's Technical and Further Education institutes, Albanese said.
"This is a time for building, building better education for all," he said in a speech to supporters in South Australia state capital Adelaide.
Cost of living pressures, stoked by stubbornly high inflation, have a special resonance with a federal election looming and the centre-left Labour government now polling behind their conservative opponents.
'All acts of escalation are condemnable and must stop', said the spokesman for the Secretary-General
world1 week ago
Indian agencies have uncovered a network that sold fake tickets or charged exorbitant prices for legitimate ones for both concerts
world1 week ago
Saturday's attack was one of the deadliest attacks in the area in recent months
world1 week ago
Satellite data from Brazil's space research agency Inpe showed that Bolivia had 70,628 fire hot-spots up until September 22
world1 week ago
According to airport authorities, flight operations will be halted starting 6:00 PM on Thursday
world1 week ago
Airport operations are currently impacted, and passengers should not come to the airport at this time, the spokesperson said
world1 week ago
A chemical leak as a result of the accident was contained, authorities said
world2 weeks ago
The Republican nominee falsely said at the September 10 debate with Democrat Kamala Harris that the Central Park Five had killed a person and pleaded guilty
world2 weeks ago