About this episode
The average HECs student debt is now $26,500 and rising rapidly. Once upon an inflation-free time HECs hardly mattered, now it matters a lot. Worse still, the way HECs is managed by the government is antiquated and unfair to former students. Meanwhile, banks use the debt to reduce your borrowing capacity. No wonder there is a push to change the process.
In today's show we cover:
- Why more than 200,000 people are pushing for change in student debt
- How to manage your HECs situation
- Expanding an SMSF to include six people
- Is leasing an electric car a better way to go?
Advisor James Wrigley of First Financial joins wealth editor James Kirby in this episode.
See omnystudio.com/listener for privacy information.
Get every episode summarized
Each time The Money Puzzle publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from The Money Puzzle
Gold...are you ready for a rebound?
The Money Puzzle
Why property bargain hunters can hang tight... this downturn is only starting
The Money Puzzle
Mortgage or super? Where should I put my extra money?
The Money Puzzle
How to invest for your kids
The Money Puzzle