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Showing 1 - 9 of 9 results for "HECS"

University debt weighs on personal investing

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
A quarter of the participants in a new survey said their HECS-HELP debt was standing in their way to start investing outside of superannuation. Futurity Investment Group surveyed 1000 Australians who went to university and found university debt impacted ...

Brumbie: Super idea, super silly reaction

ALEX DUNNIN  |  MONDAY, 18 AUG 2014
... will not be too little superannuation but too much going into it especially when young super savers will soon have $100,000 HECS debts festering to make home buying even harder even though they won't be able to touch their superannuation money till they ...

Former minister joins Cbus

MELANIE TIMBRELL  |  WEDNESDAY, 4 APR 2012
... was responsible for reforming the higher education sector including the re-introduction of university fees in the form of HECS. As Treasurer in the Keating government, Dawkins became known for bringing down a tough budget that culminated in his decision ...

ITC targets Gen Y with trees

MICHAEL HOBBS  |  MONDAY, 27 APR 2009
... managed investment scheme to attract more Generation Y clients. The firm's strategy aims to pay-off Higher Education Scheme (HECS) debt fast, a key financial concern for graduating students. For example, someone with a $42,000 HECS debt could borrow ...

Use SG to pay HECS and let funds borrow: ICAA

ALEX DUNNIN  |  TUESDAY, 28 NOV 2006
... asking for some radical policy shifts that include allowing members to use their Superannuation Guarantee (SG) to pay off HECS and allowing super funds to use leveraging strategies. The central theme of the ICAA is constructive: the 2006-07 Budget was ...

Retiring at 65 unsustainable: Bernard Salt

ALEX DUNNIN  |  MONDAY, 30 OCT 2006
... Council annual dinner, said, "The retirement age of 65 years is no longer sustainable because after people have paid off their HECS debt and paid off a decent proportion of their mortgage they really only have 25 years to save for their retirement." ...

Daily economic round-up

PETER BELL  |  MONDAY, 28 AUG 2006
... of last year the government allowed 37 universities to increase fees by up to 25 per cent. Student debt as a result of the HECS scheme is currently running at $11 billion.

Don't drink coffee, make more than $160,000

... as these compromised their current lifestyle," said Max Super chief executive officer, Andrew Barlow. He said that besides HECS debt, car payments and saving up for their first property, the X and Y-gen spend money on clothes, the latest gadgets, movies ...

SG is a tax: Tax Inquiry

... taxation rates, will also be under the microscope. But at least Warburton's tax definition means levies like Medicare and HECS should also be included in the tax net. Costello watchers will already recognise that he has long been luke-warm at best on ...
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