Debt help articles
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Labor to wipe $3bn from Hecs and Help debts through indexation changes
Measure to ensure student debts can’t outpace wage growth by retrospectively capping indexation rate for loansFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe federal government will cut around $3bn in student debts through a key change to the Hecs and Help programs, reversing last year’s horror indexation hike and delivering a $1,200 saving for the average person.The measure, to be outlined in this month’s federal...
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Millions of Aussies get a $1,200 boost for their HECS/HELP debt
The federal government announced the changes on Sunday which will cut the indexation rate on HECS and HELP debt.
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The Fed would only cut rates to help the U.S. service its soaring debt, fund manager says
The reason the Fed may be tempted to cut rates would be to help the U.S. cover interest payments on the national debt, according to fund manager Freddie Lait.