Elizabeth

@LexyHS1 @nus @GaitSheldon @MehreenFaruqi The article and the stories show a lack of understanding of how indexing works. The debts are the same effective value as they were at the time they were created.

ATO Top Ten HECS debts here is a bar tab - highest one is nearly three quarters of a million dollars. Total of top 100 over 25 BILLION owed. @NUS-President @gaitsheldon @mehreenfaruqi Top ten here and ATO link datawrapper.dwcdn.net/djUL2/2/?abcne…

@LexyHS1 @sayssare Unfortunately the article and many of the examples show a complete lack of understanding of how indexing works. Simply, it just adjusts for inflation so that the HECs debt has the same effective value in today's dollars as the debt had in value at the time the debt was incurred

@sayssare This is our ABC HECS explainer also talks about the tax rorts and rates. youtube.com/watch?v=_J28pd… Worth looking at Submissions to the Senate Inquiry too they are heart wrenching. aph.gov.au/Parliamentary_…

@AdamSpence_CBR @ElizabethLeeMLA Definitely the glass!

@BreakfastNews Canberra Cavs win Asian B/ball Series - $47k beats $23+million. Heroes!

@gwk224 Hi