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Huge HELP debt indexation rate increase coming 1st June

Outstanding HELP debt balances are indexed every year. This year however, the indexation factor used is set to be the largest it has been in decades thanks to higher inflation. The rate increase is due to apply on 1st June, so if possible you may want to consider repaying some or all of any applicable HELP debt to reduce or eliminate the impact.

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2023-24 Federal Budget

Treasurer Jim Chalmers has handed down the 2023-24 Federal Budget. This year's Budget is - rightly - focused on delivering much needed relief to individuals in the community struggling most with cost-of-living pressures.

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Federal Budget - October 2022

The recently elected Treasurer Dr Jim Chalmers handed down Labor's first Federal Budget for this term last night. If you're feeling like this isn't the right time of year for a Budget, you're not mistaken. The former Coalition Government had already presented the Budget for the 2022-23 financial year prior to its defeat at the Federal Election. This interim special Budget is intended to set the priorities of the new Government and serves as a response to ongoing volatility in both the domestic and global economies.

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