The Latest Breaking News from HELP

Thinking of paying off your HECS debt before indexation? The ATO says you better do it today

More than 3 million Australians will have their HECS-HELP debts indexed at 7.1 per cent come June 1.

ABC News · May 23, 2023

Help to Save scheme extended until April 2025

More than 359,200 people have opened savings accounts since its launch in September 2018, HM Revenue and Customs said.

The Independent UK · May 23, 2023

Voluntary HELP debt repayments soar ahead of major indexation rise

Thousands of people are making voluntary contributions to their Higher Education Loan Program (HELP) debts ahead of the 7.1 per cent jump in indexation on June 1.

ABC News · May 20, 2023

The Universities Accord should scrap Job-ready Graduates and create a new multi-rate system for student fees

This article is part of our series on big ideas for the Universities Accord. The federal government is calling for ideas to “reshape and reimagine higher education, and set it up for the next decade and beyond”. A review team is due to finish a draft report in June and…

The Conversation · Apr 30, 2023

Major savings shake-up could hit thousands of savers - see who will be affected

Help to Save is a type of savings account offered by the Government, available to low income workers who are claiming certain benefits - here is everything you need to know

Daily Mirror · Apr 28, 2023

House, Senate craft separate health care packages - Roll Call

A deal announced this week on a series of drug pricing bills could be a sign of progress an issue that has bedeviled both parties.

Roll Call · Apr 27, 2023

Calls to reform Australia’s student debt scheme as loan holders face ‘deeply unjust’ 7.1% rise

Millions of Australians face a hike in their Help and Hecs loans when indexation is added on 1 June, the highest increase in decades

The Guardian - AU · Apr 26, 2023

Debt ‘avalanche’ a sign loan system is broken, senator says – as it happened

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The Guardian - AU · Apr 25, 2023

‘It’s perverse’: how Australia’s student loan scheme traps graduates in a debt spiral

Hit with a record high indexation rate, many young people don’t see how they will ever make a dent in their Help debt

The Guardian - AU · Apr 25, 2023

‘It’s obscene’: ATO still chasing $2bn in student debt from controversial 1990s loan scheme

More than 140,000 people who traded welfare payments for loans are still repaying them decades later

The Guardian - AU · Apr 23, 2023