Albanese prioritizes student debt relief after re-election

Australian Prime Minister Anthony Albanese following his reelection has declared that reducing student debt will be the first legislative priority of his renewed administration This move comes in the wake of an election where for the first time younger generations outnumbered Baby Boomers at the polls according to the APBaby Boomers are those born between the end of World War II and 1964 and have traditionally influenced election agendas in Australia However their longstanding dominance is now shifting reflecting broader generational change in the countrys political landscapeAddressing a crowded room of centreleft Labour Party lawmakers in Parliament on Friday Albanese reaffirmed his governmentrsquos commitment to easing the financial burden on young Australians He announced that when Parliament resumes in late July the first bill to be introduced will propose a 2037 reduction in student debtldquoThis is important not just in itself but for what it says about our commitment to intergenerational equityrdquo Albanese saidYoung Australians especially those struggling with student loans are increasingly unable to purchase their first homes due to skyrocketing real estate prices and limited housing development a growing concern the Albanese government would be tacklingAs vote counting continued on Friday the Labour party was seen to secure 88 seats in the 150seat House of Representatives up from 78 in the previous parliament Meanwhile the conservative opposition alliance was expected to win only 41 seats according to APAlbanese praised the diversity of the newly elected Labour lawmakers noting that once vote counting concludesout which 5737 of them are expected to be women a reflection of the broader Australian demographic where women made up 50737 of the population in the 2021 census reported APldquoI see people of different ethnicities different backgrounds different experiences different faiths I see a diverse group of people that are truly representative of our nationrdquo Albanese told colleaguesHowever the formation of the new Cabinet has drawn criticism for excluding Jewish and Muslim ministers AttorneyGeneral Mark Dreyfus the most senior Jewish member of the government and Industry and Science Minister Ed Husic a prominent Muslim figure were both dropped from CabinetAccording to Dreyfus staffer Stephen Spencer this marks the first time since 2010 that Australia will have no Jewish minister in government Cabinet appointments are determined by internal party factions each entitled to a proportion of positions based on their share of elected lawmakersWhile key ministers such as Foreign Minister Penny Wong Defence Minister Richard Marles Treasurer Jim Chalmers and Finance Minister Katy Gallagher are expected to retain their portfolios the remainder of the Cabinet is yet to be confirmedSydney Muslim community leader Jamal Rifi urged Albanese to reconsider removing Husic who represents the multicultural region of southwest Sydney a Labour stronghold with a large Muslim populationldquoThe prime minister needs to reflect on what sort of message he sends to all these people who worked hard in southwestern Sydney for the governments reelectionrdquo Rifi saidHusic has been among the governmentrsquos most vocal critics of Israelrsquos military actions in Gaza Two weeks after the October 7 2023 Hamas attack on Israel Husic stated ldquoI feel very strongly that Palestinians are being collectively punished for Hamas barbarismrdquo reported APDespite the backlash the meeting of Labour lawmakers on Friday approved the 30 appointments to Cabinet and junior ministries Health Minister Mark Butler mentioned that junior minister Anne Aly a Muslim woman is expected to be promoted to Cabinet next week potentially replacing HusicldquoItrsquos a tough day for Ed and for Markrdquo Butler told the Australian Broadcasting CorporationWith inputs from APatOptionskeyd0ddb8ef8f1a62a8cdd22fac27fc5ea7formatiframeheight90width728params