There may be relief for student debt-holders in the upcoming budget, but it won’t come soon enough to prevent a 4.7 per cent hike.
, it is likely that this year’s indexation will stand, and any new measures will be applied in future years.
“Changes to make HELP simpler and fairer would make a big difference to people’s lives,” Mr Sheehy said.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
HECS debts set for $1250 setback following fresh inflation figuresHigher-than-expected inflation figures released today aren&x27;t just bad news for home- and business owners banking on an early interest rate cut.
Read more »
HECS indexation tipped to hike student loan debt by $1,2507NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Read more »
HECS debt expected to grow more than 4pc as high indexation continuesHECS-HELP debts are forecast to rise between 4.2 and 4.8 per cent this year, the second-highest rise in a decade.
Read more »
Anthony Albanese says government is considering changes to HECS indexation7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Read more »
‘Simpler and fairer’: Albanese flags HECS changes in budget reliefThe prime minister says he will imminently announce a response to a recommended overhaul of HECS as calls come from the crossbench to look at wiping student debt.
Read more »
‘Simpler and fairer’: Albanese flags HECS changes in budget reliefThe prime minister says he will imminently announce a response to a recommended overhaul of HECS as calls come from the crossbench to look at wiping student debt.
Read more »