Senator BIRMINGHAM (South Australia—Minister for Education and Training) (14:07): The ramifications for students and taxpayers are severe if the government's reforms and legislation that need to pass next week are not supported. We are seeing far too many students being targeted by vulnerable rip-off merchants. Senator Kim Carr interjecting— The PRESIDENT: Senator Carr! Senator BIRMINGHAM: And that, of course, is affecting those students in taking on a lifetime debt under this Labor Party program and it is affecting taxpayers where that debt is not repaid. So it is urgent that these reforms are passed. Senator Carr and those opposite have publicly acknowledged the failings of the system they put in place. I thank him for acknowledging that they got it wrong. Just like they got it wrong with pink batts, they got it wrong with VET FEE-HELP. I am pleased they acknowledge their mistakes and I hope that they will work with the government to fix these mistakes, to make sure the rorting cannot go on, to make sure that we actually protect vulnerable students and vulnerable Australians and protect the taxpayer from further unnecessary loss of money under this Labor scheme.