Student HECS debts are about to rise, with the biggest indexation increase in over thirty years. It means for some, the debt will be increasing at a rate higher than they're able to pay it back.
While thousands of Australians will be affected, and with the cost of living rapidly increasing, what does it mean for our financial futures?
In this episode of The Quicky, we take a look at the things affecting our borrowing power preventing Aussies from getting a home loan.
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CREDITS
Host: Emma Gillespie
With thanks to:
Jen Hughes - Mortgage Broker with Mortgage Choice
Preeti Kowshik- Senior Broker with Home Loan Experts
Producer: Emma Gillespie
Executive Producer: Kally Borg
Audio Producer: Thom Lion