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HELP Debt Changes In Effect: What Students Need To Know About New Indexing

10 0
20.12.2024

The Labor government's long-awaited reforms to student debt indexing are finally being implemented, six months after their announcement.

While not all student loan balances have been updated, some individuals have begun to receive debt notifications.

What you need to know:

The Australian Government has enacted legislation to alter the indexing of debts from the Higher Education Loan Program (HELP). Student loans will now be adjusted annually based on the lower rate between the Wage Price Index (WPI) and the........

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