Australia has too many university graduates

Tuesday 5 November 2024

Over the weekend, Prime Minister Anthony Albanese announced that the federal government would wipe 20% of student debt if re-elected.

Hear it here first: a re-elected Labor Government will wipe 20% off your student debt. pic.twitter.com/EpWUgxTJKE

— Anthony Albanese (@AlboMP) November 2, 2024

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.