You may have seen headlines about the Albanese Government’s promise to slash student debt by 20%—welcome news to many doctors and medical professionals still carrying HECS-HELP balances. But what’s actually happening, and how does it affect your financial plans today? Let’s break it down. Has the 20% reduction happened yet? Not yet. But it is
One of the most frequently asked questions our financial advisers hear is: “Should I repay my HELP debt (Higher Education Loan Program) early?” This question has gained more relevance recently, particularly due to the significant 7.10% increase in HELP debt indexation during the 2022/2023 financial year. Fortunately, the Federal Government has proposed changes that aim