Investing in our future
Education should be seen as an investment, not a cost.
Labor has a plan for Australia's education system—a vision for this nation.
We have a plan to boost coding in our schools and STEM in our universities.
We have a plan to invest in our innovators and young entrepreneurs to unlock their potential for the jobs of tomorrow.
Labor will protect Australia's public education system and will guarantee funding for TAFE to ensure every student is given every possible opportunity to succeed and thrive.
In his Budget Reply speech, Bill Shorten outlined the investment a Labor Government would make in:
• Digital technologies, computer science and coding in every primary and secondary school in Australia
• Writing off the HECS debt of 100,000 science, technology, engineering and maths students
• Encouraging more women to study, teach and work in STEM fields
• Reducing the small business company tax rate from 30 to 25 per cent
• Working with the banks and finance industry to establish a partial guarantee scheme, StartUp Finance, to help more Australians convert their great ideas into good businesses
• Establishing a new $500 million Smart Investment Fund to partner with venture capitalists and licensed fund managers to co-invest in early stage and high potential companies.