CA ANZ has welcomed the government’s move to cut HELP debt by 20 per cent, but said that more would need to be done to address the accountant shortage.
As accounting enrolments plummet, CA ANZ warned that more would need to be done to incentivise students to pursue the accounting profession.
Legislation to reduce student loan debt by 20 per cent represents a welcome move which could boost enrolments, the accounting body said.
“The high cost of a degree remains a major barrier to pursuing an accounting career. Without further action, Australia faces a shortfall of around 18,250 accounting, audit and finance professionals within five years,” CA ANZ CEO Ainslie van…