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Students would save $3bn over a decade if Labor changed Hecs indexation date by five months

Exclusive: Costings commissioned by independent MP Monique Ryan show possible savings for university graduates, as Hecs debts increase by $1bn on Monday Follow our Australia news live blog for latest updates Get our…

1 report1 sourceMay 31, 2026, 3:00 PM
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The GuardianMay 31, 2026, 3:00 PM

Students would save $3bn over a decade if Labor changed Hecs indexation date by five months

Exclusive: Costings commissioned by independent MP Monique Ryan show possible savings for university graduates, as Hecs debts increase by $1bn on Monday Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast University graduates would save more than $3bn over a decade if the government changed the date of indexation on Hecs debts , dubbed a “broken system” in its current form by independent MP Monique Ryan. About 3 million students and graduates will see their Hecs debts increase by a combined $1bn on Monday, when they are indexed by 2.8%. Continue reading...

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