Mr ABBOTT (Warringah—Prime Minister) (14:43): The government's very strong conviction is that the deregulatory changes that we announced in the budget—this important reforming budget—will allow universities to get on with their lives, which is the way it should be. We are absolutely confident that these changes are going to be good for universities and good for students. It is not just my confidence; let me cite a great authority on these things. This authority said: Australian universities should be free to set student fees according to the market value of their degrees. This authority further said: Universities will have a strong incentive to compete on price and quality. This is a terrific statement. It is really good. It goes on: Much-needed additional funding will be available to universities that capitalise on their strengths and develop compelling educational offerings. Gee, this is good! Mr Nikolic interjecting— The SPEAKER: The member for Bass will desist. Mr ABBOTT: This was said by, in fact, none other than Labor's own Assistant Treasurer—our friend, the Assistant Treasurer. Where have you got him today? I see he is being hidden today! He is in rehab at the moment! He said: The result will be a better funded, more dynamic and competitive education sector. That is exactly what we are delivering. He called for it and we are delivering it. Mr Stephen Jones: He needs a witness protection program! The SPEAKER: The member for Throsby will desist.