Aussies with HECS/HELP or recently paid it off: the ATO is now processing the new Indexation rate for 2023 and 2024 and will SMS you if it's applied a credit to your account. If you've paid off your debt after 2023 or 2024 Indexing, the credit will be sent to the bank account you used for your tax return and will show in 3-5 business days.

This might seem small to some and not enough to others, but the fact that it happened is huge and sets a big precedent. #auspol #australia