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The New Daily
The New Daily
Business
Matthew Elmas

THE TRUTH ABOUT: Warning that student debt repayments will rise from june - The Untold Story

10 News First – Disclaimer

Australians facing huge hikes in their student debt due to rising inflation are being urged to stocktake their finances and consider making a lump-sum loan repayment before June 1.

The Australian Tax Office is preparing to unveil its annual HECS-HELP inflation indexation, which is tipped to add around 7 per cent to outstanding debt for Australians with student loans.

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