NEWS & UPDATES

A simple Christmas money plan for young Australians—gifts, parties, travel and Boxing Day sales—so January isn’t payback month.

The gist Student debt doesn’t charge interest, but it does grow with inflation via indexation each year . For many young Australians, this surprise growth can sting—especially in high-inflation years. Here’s how indexation works, when it applies, and what you can do about it (without sacrificing your bigger goals). How HECS-HELP grows Indexation, not interest: Your balance increases once a year by the indexation rate, which tracks inflation (CPI). The key date: Indexation i

Learn the difference between good and bad debt and discover smart ways to take back control of your finances.