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Between 2012 and 2017, an eligible student who paid the entire or a part of the student contribution upfront received a 10% HECS discount on the amount paid (prior to 2012, the HECS discount was 20%). [14] Only Australian citizens and permanent humanitarian visa holders were eligible for the up-front 10% HECS discount. The up-front discount was ...
The legislation reversed the large indexation increases that applied to HECS-HELP fees over the previous two years (2023 and 2024) as a result of high inflation. Indexation rates will now be pegged to whichever of the Wage Price Index or Consumer Price Index is lower. [46]
The current indexation system resulted in HECS debts increasing by 7.1% in 2023, meaning that more than 1 million individuals had their HECS debt increase by more than their compulsory repayments. [86] Ryan also stated that "The government got more money last year from our HECS debts than it did from its main fossil fuel tax". [86]
The changes would introduce a HECS-style loan scheme, more than double student fees and reduce public TAFE funding certainty. [4] During 2019 and 2020 members at the University of Melbourne formed a casuals network. This ran campaigns against underpayment which culminated in the university repaying $45 million in wages to current and former ...
Project 2025 is a policy plan for a conservative president created by a think tank. It includes 900 pages of radical ideas for federal government.
Bruce James Chapman AO (born 16 September 1951) [1] is an Australian economist and academic known for being the founder or architect of the HECS system. [2] HECS is the Higher Education Contribution Scheme loans system. He was a professor at the College of Business and Economics, Australian National University. [3]
January 10, 2025 at 2:00 PM. ... Separately, the LSEG/Ipsos Primary Consumer Sentiment Index dropped 3.2 points to 54.4 in January, after hitting a more than three-year high in December.
Average mortgage rates march higher as of Monday, January 13, 2025, as the market awaits key inflation data for December, starting with the producer price index tomorrow and followed by the ...