Universities Australia opposes tax on learning
Universities Australia today hosted a meeting of 20 professional peak bodies
who are calling on the Federal Government to oppose the $2,000 per year cap on
tax deductions for self-education.
At the meeting, the group called on the Federal Government in the strongest
possible terms to reverse the decision. It called on the Coalition to oppose the
The groups attending the meeting decided to launch a campaign aimed at
persuading policy makers to scrap the cap.
Attending the meeting were professional groups representing doctors, nurses,
dentists, engineers, accountants, architects, lawyers, pharmacists,
veterinarians, universities, company directors and many other professions and
services united in their vehement opposition to this measure.
"The cap on tax deductions for self-education is a tax on learning at the
very time when we need to encourage continuous up-skilling of the qualifications
needed for a productive, diverse, innovative, knowledge based economy", said
Belinda Robinson, Chief Executive of Universities Australia, speaking after the
Ms Robinson pointed out that the measure would undermine efforts to encourage
greater productivity, innovation and workforce participation.
"This is a short sighted measure which will have long-term consequences as we
move from the resources boom to diversify our economy and build new
"A smarter Australia requires a smarter approach to lifelong education and
training", Ms Robinson said.
At the meeting, the group agreed to step up its advocacy in opposition to the
cap including by commissioning modelling on the impact on the economy and other
"This is a national interest issue and we cannot afford to stand by and allow
the urgent need for professional education to be discouraged.
"Our economic future and the health, safety and well-being of all Australians
are at stake", Ms Robinson said.