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    Anyone have HECS debt and what do they think about new budget rates?

    He mentioned that he was earning close to 100k for half of the 7 years, therefore, 3.5years. Then taking indexation into account, CPI had been roughly between 2.6 and 3.1 in the last 7 years. Subtracting indexation, he would have only paid off $17,500 in the last 3.5 years.
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    Anyone have HECS debt and what do they think about new budget rates?

    I still have hecs debt, I don't know how much is left and don't really mind. The way I see it, is that even with the new legislation, interest rate on my hecs debt is going to be 3.5%. Interest rate on my PPOR is 5%. Rather place that difference in a savings or offset account. Also, if I go...
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