Good afternoon. Inflation has eased at 7%, but that’s going to be little comfort to those with a Hecs debt facing a steep increase on their student debt.
The average Hecs debt sits at $22,636, which will jump by $1,584 when next indexed on 1 June in line with the consumer price index. Independent MP Zoe Daniel joined a growing Coalition call for the federal government to ease the student debt burden. The government has so far ruled out freezing the Hecs indexation.
