HECS-HELP Debts Indexation Factor for 2023-24
Annual update on June 1
The annual indexation factor is updated in June of each year. The next update will be on 1 June. This year your HECS-HELP debt will increase by 71 per cent after indexation.
Threshold raised for 2023-24
The 2023-24 financial year threshold has been raised which means some who made compulsory payments in 2022-23 won't have to.
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