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Monday, 25 May 1998
Page: 2937


Senator MARGETTS (1:46 PM) —My understanding is that, if they have the ability to have $6,000 over a year, they will not be able to raise another $3,000. That will mean that for half a year—if they are only studying for half a year—they still have that $3,000 which will be averaged over that half year. There is no difference there. It just means commonsense about whether or not you make the starting balance zero, or assume that people are going to need to have that income to survive at some stage—to have to draw on their savings for something at some stage during the year.

Requests not agreed to.