Critics Say Labor’s Student Loan Relief Will Burden Taxpayers, Fuel Inflation

The Albanese government’s plan to slash student debt by 20 percent has ignited criticism, as the opposition and a number of economics argue it could unfairly burden taxpayers and stoke inflation. Liberal frontbencher Paul Fletcher comparing it to pre-election promises made by former Queensland Premier Steven Miles. Miles, who recently lost to the Liberals, had promised high-cost policies like free school lunches and discounted public transport but failed to win over voters. Fletcher condemned the student debt proposal as “deeply unfair.” “All 27 million Australians will be required to contribute to the cost of it but 24 million Australians will not benefit from it,” he told ABC radio....