Labor to raise HECS debt threshold as Anthony Albanese chases political reset

Young Australians struggling with the cost of living will be given new freedom to earn more before they have to start paying off HECS debts, part of Labor’s plan to bring political debate back to the economy.

Haunted by revelations over the Qantas revamp saga and his close ties to former chief executive Alan Joyce, Prime Minister Anthony Albanese will use a rally of supporters in Adelaide on Sunday to pledge to raise the higher education contribution scheme thresholds from $54,000 to $67,000 per year. 2025-2026.

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