The Latest Breaking News from HELP

HECS debts. HELP debts. Indexation. Consumer price indexes. INFLATION. Some of us didn’t go to school for maths and numbers, so the mere sight of such mathematical words causes our brains to shut down faster than MilkRun on a Tuesday in April. And so, I called up my engineer boyfriend…

See how indexation affects a higher education debt over 10 years using actual payment thresholds

This article is part of our series on big ideas for the Universities Accord. The federal government is calling for ideas to “reshape and reimagine higher education, and set it up for the next decade and beyond”. A review team is due to finish a draft report in June and…

Help to Save is a type of savings account offered by the Government, available to low income workers who are claiming certain benefits - here is everything you need to know

A deal announced this week on a series of drug pricing bills could be a sign of progress an issue that has bedeviled both parties.

Millions of Australians face a hike in their Help and Hecs loans when indexation is added on 1 June, the highest increase in decades

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Hit with a record high indexation rate, many young people don’t see how they will ever make a dent in their Help debt

More than 140,000 people who traded welfare payments for loans are still repaying them decades later

Think abolishing indexation on your HECS-HELP debt would put money in your pocket? It won’t. In fact, it could drive up your tax bill.

While general financial wisdom once suggested Help-Hecs debt was fine to pay down slowly, the current economic climate may rewrite the rules for some