Here’s a special opportunity for those Australians who think that, even though the federal government is already slugging them for $10 billion more than it needs to finance its spendthrift programmes, they would nevertheless like to give it some more money. It is the Higher Education Endowment Fund, in which part of the Budget surplus will be stashed, and legislation introduced yesterday will make public donations to it tax deductible.
Sadly, this looks like more evidence that my comrades in Canberra have lost the plot. I doubt even lefties think people should donate money to the state, or even if they do are not so delusional as to think that anyone would.
If you would like to give money to universities any of them will take your gift without spending needing to be first approved by the Minister. And you still get your tax deduction.