Thinking of paying off your HECS debt before indexation? The ATO says you better do it tomorrow – ABC News
The looming financial new year heralds an unwelcome extra cost for thousands of people who currently have HECS-HELP debts. This is because every unpaid debt is going to automatically increase when it’s indexed on June 1. In previous years, the HECS indexation rate was relatively modest. But thanks to soaring inflation, this year’s indexation rate is…