Aussies have been urged to log into their Australian Taxation Office (ATO) accounts and check their HECS debts. The government’s student loan indexation changes have officially kicked in and credits are now being applied to the accounts of millions nationwide.
The ATO sent out a text message to Aussies with student loan debts on Monday, encouraging them to check their balance online. People can check how much has been deducted from their balance for the 2023 and 2024 financial years.
The federal government passed legislation last month to change the way student loans are indexed…