Major student debt relief begins for three million Australians as Albanese government rolls out $16bn initiative

A sweeping cost-of-living boost has begun reaching millions of Australians, with the Albanese government activating its long-promised plan to cut student debt for roughly three million people. The $16 billion initiative—legislated in July—will be implemented over the next three weeks, marking one of the largest reductions of education-related debt in Australia’s history. The Australian Taxation…

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