Why your HECS went up, again

The HECS debts of around three million Australians went up by 2.8% this week. The system has undergone plenty of change in recent years, but one question remains the same: Why do debts rise on 1 June, and is the system doing what it's supposed to? Today we're going to explain what just happened, what it means given the changes the government has already made, and why the timing of this annual increase is still being debated. Hosts: Emma Gillespie and Billi FitzSimonsProducer: Orla Maher Want to support The Daily Aus? That's so kind! The best way to do that is to click ‘follow’ on Spotify or Apple and to leave us a five-star review. We would be so grateful. The Daily Aus is a media company focused on delivering accessible and digestible news to young people. We are completely independent. Want more from TDA?Subscribe to The Daily Aus newsletterSubscribe to The Daily Aus’ YouTube Channel Have feedback for us?We’re always looking for new ways to improve what we do. If you’ve got feedback, we’re all ears. Tell us here.See omnystudio.com/listener for privacy information.