Australians with student debt will save thousands of dollars from today as the government’s new HECS and HELP repayment rules kick in.
The promised legislation to slash student debt by 20 per cent was one of the federal government’s early post-election priorities and passed the senate in July.
At the time, Education Minister Jason Clare admitted it would be a while before the savings kicked in.
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Australians with student debt will save thousands of dollars from today as the government’s new HECS and HELP repayment rules kick in. Getty Images/iStockphoto
“The next step is for the tax office to do the work they need to do. Now that the bill has passed,…