The Australian | 21 October 2013 The Coalition government’s commission of audit is the right vehicle to examine an idea like securitising student debt, former Universities Australia chief and now Australian National University economist Glenn Withers says. With the government’s commitment to looking at things carefully and systematically, he said, it’s essential for a body like a commission of audit to look at such an idea, because there are " both great opportunities and some dangers in moving to securitisation.” He said it’s important to distinguish between securitisation and the more extreme option of privatisation. It’s essentially the government issuing bonds on future … [Read more...]
