Modelling of the revenue and, as appropriate, distributional impacts of policy options - known as "costings" - is an important input to policy decision making and provides a valuable evidence base for public debate. There is significant interest in the medium-term financial impact of tax policy...

Modelling of the revenue and, as appropriate, distributional impacts of policy options - known as "costings" - is an important input to policy decision making and provides a valuable evidence base for public debate. There is significant interest in the medium-term financial impact of tax policy...

This paper examines the impact of changes to Australia’s student financing system on various hypothetical students who choose the Government’s proposed deferred payment options, HECS-HELP and FEE-HELP. The present values of their HECS repayments under the existing (2004) system are compared...